Fraport AG (OTCMKTS:FPRUF) Short Interest Up 25.0% in October

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

Fraport Stock Performance

Fraport stock remained flat at $51.00 during midday trading on Wednesday. The firm has a 50 day moving average of $50.71 and a 200-day moving average of $51.50. Fraport has a 12 month low of $48.00 and a 12 month high of $62.80.

Fraport Company Profile

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.