Fraport AG (OTCMKTS:FPRUY) Short Interest Update

Fraport AG (OTCMKTS:FPRUY) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 29 shares, a drop of 14.7% from the December 31st total of 34 shares. Based on an average daily trading volume, of 21 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 21 shares, the short-interest ratio is currently 1.4 days.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on FPRUY shares. Jefferies Financial Group raised shares of Fraport from an “underperform” rating to a “buy” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Fraport in a research report on Thursday, January 15th. Finally, Morgan Stanley cut Fraport from an “overweight” rating to a “mixed” rating in a report on Monday, October 20th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Fraport Stock Performance

Shares of FPRUY stock opened at $40.90 on Monday. Fraport has a 12 month low of $28.75 and a 12 month high of $45.66. The firm has a fifty day moving average price of $40.93 and a 200 day moving average price of $42.25.

About Fraport

Fraport AG is a global airport management company headquartered in Frankfurt, Germany. The company’s primary business revolves around the operation and development of Frankfurt Airport, one of Europe’s leading aviation hubs, as well as a portfolio of regional and international airports. In addition to airport infrastructure, Fraport offers ground handling services, security screening, retail management and real estate development within its terminals. These diverse operations aim to enhance passenger experience and maximize airport efficiency through integrated service offerings.

Beyond its flagship airport in Frankfurt, Fraport has expanded its footprint to airports in more than 30 countries across Europe, the Americas, Asia and Africa.