Flughafen Zürich AG (OTCMKTS:FLGZY) Sees Large Growth in Short Interest

Flughafen Zürich AG (OTCMKTS:FLGZY) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 2,386 shares, an increase of 774.0% from the August 15th total of 273 shares. Based on an average daily volume of 2,021 shares, the short-interest ratio is presently 1.2 days.

Flughafen Zürich Stock Down 5.1%

Shares of OTCMKTS FLGZY traded down $0.55 during midday trading on Thursday, reaching $10.15. The company’s stock had a trading volume of 2,091 shares, compared to its average volume of 1,268. The business’s 50 day moving average price is $11.49 and its two-hundred day moving average price is $11.92. Flughafen Zürich has a fifty-two week low of $10.00 and a fifty-two week high of $13.66.

About Flughafen Zürich

Flughafen Zürich AG operates Zurich Airport, Switzerland’s largest international airport, providing a comprehensive range of aviation and airport-related services. The company manages all facets of airport operations, including runway and terminal management, air traffic facilitation, and security screening. Through its subsidiary Flughafen Zürich (International) AG, it also offers ground handling, airport management consultancy and engineering services to airports worldwide.

In addition to core aviation services, Flughafen Zürich AG oversees an extensive retail and commercial property portfolio within the airport precinct.