Short Interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Increases By 18.8%

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 160,000 shares, an increase of 18.8% from the October 31st total of 134,700 shares. Based on an average daily volume of 42,500 shares, the short-interest ratio is currently 3.8 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. increased its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 64.7% during the second quarter. Blue Trust Inc. now owns 313 shares of the transportation company’s stock valued at $100,000 after acquiring an additional 123 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter valued at about $112,000. Quantbot Technologies LP bought a new stake in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the 3rd quarter valued at about $177,000. Malaga Cove Capital LLC purchased a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth about $209,000. Finally, HighTower Advisors LLC lifted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% in the third quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company’s stock worth $285,000 after buying an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 10.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a “buy” rating to a “hold” rating in a research report on Thursday, November 21st.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance

ASR stock opened at $255.21 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65. The firm has a 50 day moving average price of $271.96 and a 200-day moving average price of $289.43. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a 52-week low of $223.63 and a 52-week high of $357.90. The firm has a market capitalization of $7.66 billion, a price-to-earnings ratio of 9.81, a PEG ratio of 4.05 and a beta of 1.13.

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.