Short Interest in Ferrovial SE (NASDAQ:FER) Expands By 6.9%

Ferrovial SE (NASDAQ:FER) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 803,900 shares, a growth of 6.9% from the September 30th total of 752,200 shares. Based on an average daily volume of 34,400 shares, the short-interest ratio is currently 23.4 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of Ferrovial

Several institutional investors and hedge funds have recently made changes to their positions in FER. Hsbc Holdings PLC acquired a new stake in shares of Ferrovial during the second quarter worth about $921,680,000. Legal & General Group Plc purchased a new position in shares of Ferrovial in the 2nd quarter valued at about $325,256,000. Toronto Dominion Bank purchased a new position in shares of Ferrovial in the 2nd quarter valued at about $79,653,000. Bank of Montreal Can acquired a new position in Ferrovial during the second quarter worth approximately $69,715,000. Finally, DekaBank Deutsche Girozentrale increased its position in Ferrovial by 5.8% during the third quarter. DekaBank Deutsche Girozentrale now owns 1,628,846 shares of the company’s stock worth $69,830,000 after buying an additional 89,293 shares during the period.

Ferrovial Trading Up 0.4 %

NASDAQ:FER traded up $0.15 during mid-day trading on Friday, hitting $40.36. 11,024 shares of the stock traded hands, compared to its average volume of 26,512. Ferrovial has a 12-month low of $32.82 and a 12-month high of $48.29. The firm’s 50-day moving average is $41.71.

Ferrovial Increases Dividend

The company also recently announced a — dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 7th will be given a dividend of $0.4592 per share. This is an increase from Ferrovial’s previous — dividend of $0.33. The ex-dividend date of this dividend is Thursday, November 7th.

Ferrovial Company Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.