Fraport AG (OTCMKTS:FPRUF) Sees Large Drop in Short Interest

Fraport AG (OTCMKTS:FPRUF) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 408,300 shares, a drop of 6.2% from the January 15th total of 435,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 4,083.0 days.

Fraport Stock Performance

Shares of OTCMKTS FPRUF opened at $56.62 on Tuesday. The company has a 50 day simple moving average of $56.32 and a 200 day simple moving average of $53.12. Fraport has a 1 year low of $48.00 and a 1 year high of $59.97.

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.