Fraport AG (OTCMKTS:FPRUF) Sees Large Decline in Short Interest

Fraport AG (OTCMKTS:FPRUF) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 170,500 shares, a decline of 19.1% from the March 31st total of 210,800 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Shares of Fraport stock remained flat at $$55.47 on Tuesday. Fraport has a one year low of $32.20 and a one year high of $78.80. The company’s 50-day simple moving average is $55.47 and its 200 day simple moving average is $53.80.

About Fraport

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

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