FTAI Infrastructure Inc. (NASDAQ:FIP) Short Interest Up 7.8% in January

Posted by Donna Armstrong on Feb 19th, 2025

FTAI Infrastructure Inc. (NASDAQ:FIP – Get Free Report) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 8,710,000 shares, a growth of 7.8% from the January 15th total of 8,080,000 shares. Approximately 8.0% of the shares of the stock are sold short. Based on an average trading volume of 1,130,000 shares, the short-interest ratio is presently 7.7 days.

Institutional Investors Weigh In On FTAI Infrastructure

Several hedge funds have recently added to or reduced their stakes in FIP. Wilmington Savings Fund Society FSB bought a new stake in shares of FTAI Infrastructure in the 3rd quarter valued at about $34,000. US Bancorp DE acquired a new position in shares of FTAI Infrastructure in the third quarter worth approximately $52,000. Cladis Investment Advisory LLC bought a new stake in FTAI Infrastructure in the third quarter valued at approximately $94,000. Morey & Quinn Wealth Partners LLC acquired a new stake in FTAI Infrastructure during the 4th quarter valued at approximately $84,000. Finally, Castellan Group bought a new position in FTAI Infrastructure during the 4th quarter worth approximately $96,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

FTAI Infrastructure Trading Down 0.6 %

FTAI Infrastructure stock traded down $0.04 during trading hours on Tuesday, hitting $6.48. The stock had a trading volume of 1,245,657 shares, compared to its average volume of 949,240. The business’s 50 day simple moving average is $7.27 and its 200-day simple moving average is $8.38. FTAI Infrastructure has a one year low of $4.17 and a one year high of $10.45. The stock has a market cap of $737.07 million, a price-to-earnings ratio of -3.27 and a beta of 1.44. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 6.07.

FTAI Infrastructure Company Profile

(Get Free Report)

FTAI Infrastructure Inc focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation, energy, and industrial products industries in North America. The company operates through five segments: Railroad, Jefferson Terminal, Repauno, Power and Gas, and Sustainability and Energy Transition.