Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Short Interest Down 8.3% in October

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 134,700 shares, a drop of 8.3% from the October 15th total of 146,900 shares. Based on an average daily trading volume, of 40,500 shares, the days-to-cover ratio is currently 3.3 days. Currently, 0.5% of the shares of the stock are sold short.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Stock Up 1.3 %

Shares of ASR traded up $3.46 during trading on Monday, reaching $265.00. The company’s stock had a trading volume of 59,068 shares, compared to its average volume of 42,793. The company has a fifty day moving average of $275.12 and a two-hundred day moving average of $294.59. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a twelve month low of $223.63 and a twelve month high of $357.90. The company has a market cap of $7.95 billion, a price-to-earnings ratio of 9.99, a P/E/G ratio of 4.08 and a beta of 1.13. The company has a quick ratio of 4.65, a current ratio of 4.65 and a debt-to-equity ratio of 0.20.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “hold” rating to a “buy” rating in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $274.00.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during the 2nd quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock worth $100,000 after buying an additional 123 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth $112,000. Quantbot Technologies LP acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth $177,000. Malaga Cove Capital LLC acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter worth $209,000. Finally, HighTower Advisors LLC boosted its position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% during the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after acquiring an additional 51 shares during the period. 10.57% of the stock is currently owned by institutional investors.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.