Corporación América Airports S.A. (NYSE:CAAP – Get Rating) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 2,200,000 shares, a decrease of 29.5% from the March 15th total of 3,120,000 shares. Approximately 7.5% of the company’s stock are sold short. Based on an average daily trading volume, of 84,000 shares, the short-interest ratio is currently 26.2 days.
Hedge funds have recently made changes to their positions in the business. BlackRock Inc. increased its holdings in Corporación América Airports by 58.8% during the fourth quarter. BlackRock Inc. now owns 17,483 shares of the company’s stock valued at $101,000 after buying an additional 6,475 shares during the last quarter. Tibra Equities Europe Ltd purchased a new stake in Corporación América Airports during the third quarter valued at approximately $226,000. Jane Street Group LLC purchased a new stake in Corporación América Airports during the third quarter valued at approximately $273,000. Millennium Management LLC purchased a new stake in Corporación América Airports during the third quarter valued at approximately $380,000. Finally, Citadel Advisors LLC increased its holdings in Corporación América Airports by 6,324.0% during the third quarter. Citadel Advisors LLC now owns 76,959 shares of the company’s stock valued at $433,000 after buying an additional 75,761 shares during the last quarter. 10.83% of the stock is owned by institutional investors and hedge funds.
Corporación América Airports stock traded up $0.15 during midday trading on Friday, reaching $6.63. 36,136 shares of the company traded hands, compared to its average volume of 81,350. The business has a 50 day moving average of $5.79 and a two-hundred day moving average of $5.77. Corporación América Airports has a 12 month low of $4.57 and a 12 month high of $6.64. The company has a quick ratio of 0.73, a current ratio of 0.74 and a debt-to-equity ratio of 1.32.
About Corporación América Airports (Get Rating)
CorporaciÃ³n AmÃ©rica Airports SA, through its subsidiaries, acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly knwona as A.C.I. Airports International S.Ã r.l. The company was founded in 1998 and is headquartered in Luxembourg, Luxembourg.
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