Flughafen Zürich AG (OTCMKTS:FLGZY) Sees Significant Growth in Short Interest

Flughafen Zürich AG (OTCMKTS:FLGZY) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 273 shares, a growth of 95.0% from the July 30th total of 140 shares. Based on an average daily trading volume, of 75 shares, the days-to-cover ratio is presently 3.6 days.

Flughafen Zürich Price Performance

Shares of OTCMKTS FLGZY traded down $1.00 during mid-day trading on Friday, hitting $10.50. The stock had a trading volume of 5,232 shares, compared to its average volume of 1,358. The company has a 50 day moving average of $11.77 and a two-hundred day moving average of $12.04. Flughafen Zürich has a twelve month low of $10.50 and a twelve month high of $13.66.

About Flughafen Zürich

Flughafen Zürich AG operates Zurich Airport, Switzerland’s largest international airport, providing a comprehensive range of aviation and airport-related services. The company manages all facets of airport operations, including runway and terminal management, air traffic facilitation, and security screening. Through its subsidiary Flughafen Zürich (International) AG, it also offers ground handling, airport management consultancy and engineering services to airports worldwide.

In addition to core aviation services, Flughafen Zürich AG oversees an extensive retail and commercial property portfolio within the airport precinct.