Short Interest in Fraport AG (OTCMKTS:FPRUF) Grows By 25.0%

Fraport AG (OTCMKTS:FPRUF) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 320,500 shares, a growth of 25.0% from the September 30th total of 256,500 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 1,602.5 days.

Fraport Price Performance

Shares of OTCMKTS:FPRUF remained flat at $51.00 on Wednesday. Fraport has a 1-year low of $48.00 and a 1-year high of $62.80. The company’s 50-day moving average is $50.71 and its 200 day moving average is $51.50.

About Fraport

Fraport AG owns and operates airports in Germany, rest of Europe, Asia, and the United States. It primarily focuses on the operation of Frankfurt Main airport. The company operates through four segments: Aviation, Retail & Real Estate, Ground Handling, and International Activities & Services.