Flughafen Zürich AG (OTCMKTS:FLGZY) Stock Short Interest Declines 73.3%

Flughafen Zürich AG (OTCMKTS:FLGZY) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 1,017 shares, a decline of 73.3% from the September 15th total of 3,806 shares. Based on an average daily volume of 351 shares, the days-to-cover ratio is presently 2.9 days.

Flughafen Zürich Stock Performance

Shares of OTCMKTS FLGZY opened at $9.01 on Tuesday. The firm has a fifty day simple moving average of $10.48 and a two-hundred day simple moving average of $11.40. Flughafen Zürich has a 12 month low of $9.01 and a 12 month high of $13.66.

About Flughafen Zürich

Flughafen Zürich AG operates Zurich Airport, Switzerland’s largest airport and a major international transportation hub. The company provides airport infrastructure and aviation-related services, including passenger and baggage handling, aircraft operations support, cargo logistics, security, parking and ground transportation facilities.

In addition to aviation activities, Flughafen Zürich generates revenue from commercial and real estate operations at and around the airport. These activities include retail and duty-free outlets, restaurants, advertising, office and other property rentals, as well as the development and management of airport-related facilities.

The company also participates in the operation and development of selected airports outside Switzerland through long-term concessions and investments, particularly in international markets.