Fraport AG (OTCMKTS:FPRUY) Short Interest Update

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

Analyst Ratings Changes

Several research firms have recently issued reports on FPRUY. Jefferies Financial Group upgraded shares of Fraport from an “underperform” rating to a “buy” rating in a research report on Friday. Morgan Stanley downgraded Fraport from an “overweight” rating to a “mixed” rating in a report on Monday, October 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Fraport in a report on Thursday, January 15th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Fraport Stock Performance

Shares of OTCMKTS:FPRUY opened at $40.90 on Monday. Fraport has a 52-week low of $28.75 and a 52-week high of $45.66. The business has a 50-day moving average price of $40.93 and a 200-day moving average price of $42.25.

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.