FTAI Infrastructure Inc. (NASDAQ:FIP) Short Interest Update

FTAI Infrastructure Inc. (NASDAQ:FIP) saw 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. Currently, 8.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,130,000 shares, the days-to-cover ratio is presently 7.7 days.

Institutional Investors Weigh In On FTAI Infrastructure

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FIP. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of FTAI Infrastructure by 25.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 154,129 shares of the company’s stock worth $1,119,000 after purchasing an additional 31,022 shares during the last quarter. Squarepoint Ops LLC grew its position in shares of FTAI Infrastructure by 563.0% in the 4th quarter. Squarepoint Ops LLC now owns 235,070 shares of the company’s stock worth $1,707,000 after buying an additional 199,617 shares during the last quarter. Two Sigma Advisers LP increased its stake in shares of FTAI Infrastructure by 37.8% during the fourth quarter. Two Sigma Advisers LP now owns 189,500 shares of the company’s stock valued at $1,376,000 after buying an additional 52,000 shares during the period. Shay Capital LLC raised its holdings in shares of FTAI Infrastructure by 160.5% during the fourth quarter. Shay Capital LLC now owns 208,402 shares of the company’s stock valued at $1,513,000 after acquiring an additional 128,402 shares in the last quarter. Finally, ProShare Advisors LLC lifted its stake in FTAI Infrastructure by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 28,365 shares of the company’s stock worth $206,000 after acquiring an additional 9,333 shares during the period. 87.43% of the stock is currently owned by institutional investors.

FTAI Infrastructure Trading Down 0.6 %

FTAI Infrastructure stock traded down $0.04 during mid-day trading on Tuesday, hitting $6.48. The company’s stock had a trading volume of 1,245,657 shares, compared to its average volume of 949,240. The business has a 50 day moving average price of $7.31 and a 200-day moving average price of $8.40. FTAI Infrastructure has a 12 month low of $4.17 and a 12 month 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 debt-to-equity ratio of 6.07, a current ratio of 1.42 and a quick ratio of 1.42.

FTAI Infrastructure Company Profile

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.