Fraport AG (OTCMKTS:FPRUY) Sees Significant Increase in Short Interest

Fraport AG (OTCMKTS:FPRUY) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 2,100 shares, an increase of 2,000.0% from the November 30th total of 100 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is currently 2.1 days.

Fraport Price Performance

Shares of OTCMKTS FPRUY remained flat at $30.20 during trading on Thursday. Fraport has a 12 month low of $23.95 and a 12 month high of $30.20. The business’s 50-day moving average is $26.89 and its 200-day moving average is $26.15.

Fraport Company Profile

Fraport AG owns and operates airports in Germany, rest of Europe, Asia, and the United States. It primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services.