Fraport AG (OTCMKTS:FPRUY) Short Interest Update

Fraport AG (OTCMKTS:FPRUY) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 34 shares, a drop of 89.1% from the December 15th total of 312 shares. Based on an average daily volume of 91 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 91 shares, the days-to-cover ratio is presently 0.4 days.

Fraport Stock Performance

OTCMKTS FPRUY remained flat at $40.90 on Monday. The business’s fifty day moving average price is $41.83 and its two-hundred day moving average price is $41.87. Fraport has a one year low of $28.75 and a one year high of $45.66.

Analysts Set New Price Targets

Separately, Morgan Stanley lowered Fraport from an “overweight” rating to a “mixed” rating in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Fraport

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.