Corporación América Airports S.A. (NYSE:CAAP) Short Interest Down 92.4% in April

Corporación América Airports S.A. (NYSE:CAAPGet Rating) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 168,000 shares, a drop of 92.4% from the March 31st total of 2,200,000 shares. Based on an average daily volume of 80,600 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.6% of the company’s stock are short sold.

A number of large investors have recently made changes to their positions in CAAP. Goldman Sachs Group Inc. purchased a new position in Corporación América Airports during the third quarter valued at $15,150,000. Morgan Stanley purchased a new position in Corporación América Airports during the first quarter valued at $453,000. Citadel Advisors LLC raised its stake 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. Millennium Management LLC purchased a new position in Corporación América Airports during the third quarter valued at $380,000. Finally, Jane Street Group LLC purchased a new position in Corporación América Airports during the third quarter valued at $273,000. Institutional investors and hedge funds own 10.83% of the company’s stock.

Shares of CAAP traded down $0.14 on Wednesday, reaching $6.32. The stock had a trading volume of 930 shares, compared to its average volume of 78,104. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of -8.97 and a beta of 2.82. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.73 and a current ratio of 0.74. The company has a 50-day simple moving average of $5.92 and a 200-day simple moving average of $5.81. Corporación América Airports has a 12-month low of $4.63 and a 12-month high of $6.79.

Corporación América Airports (NYSE:CAAPGet Rating) last released its earnings results on Wednesday, March 23rd. The company reported ($0.14) EPS for the quarter. The firm had revenue of $218.70 million during the quarter. Corporación América Airports had a negative net margin of 16.99% and a negative return on equity of 15.42%.

Corporación América Airports Company Profile (Get Rating)

Corporación América 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.à r.l. The company was founded in 1998 and is headquartered in Luxembourg, Luxembourg.

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