Fraport AG (OTCMKTS:FPRUF) Sees Significant Drop in Short Interest

Fraport AG (OTCMKTS:FPRUFGet Free Report) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 215,471 shares, a drop of 41.0% from the June 15th total of 365,284 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Fraport Stock Performance

Shares of Fraport stock remained flat at $84.91 during trading hours on Friday. Fraport has a fifty-two week low of $54.74 and a fifty-two week high of $88.62. The company has a 50-day moving average price of $84.91 and a two-hundred day moving average price of $84.42.

About Fraport

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Fraport AG (OTCMKTS:FPRUF) is a global airport operator headquartered in Frankfurt, Germany. The company’s core business centers on the management, development and operation of airports and related services. At its home hub, Frankfurt Airport, Fraport provides passenger handling, baggage and cargo logistics, security screening, retail concessions and real estate development. Beyond operations, the group designs and constructs runway, terminal and infrastructure projects for its own network of airports as well as for third-party clients.

Fraport’s international footprint spans more than 30 airports across Europe, Asia, the Americas and Africa.

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