Fraport AG (OTCMKTS:FPRUY) Short Interest Update

Fraport AG (OTCMKTS:FPRUY) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 519 shares, an increase of ? from the July 30th total of 0 shares. Based on an average daily volume of 115 shares, the days-to-cover ratio is currently 4.5 days.

Fraport Price Performance

FPRUY stock remained flat at $36.90 during midday trading on Friday. The company has a 50 day simple moving average of $40.16 and a 200-day simple moving average of $41.10. Fraport has a twelve month low of $36.90 and a twelve month high of $45.66.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on FPRUY. UBS Group upgraded shares of Fraport to a “neutral” rating in a report on Friday, May 15th. BNP Paribas Exane upgraded shares of Fraport to an “outperform” rating in a research report on Monday, July 13th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Fraport Company Profile

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.