Flughafen Zürich AG (OTCMKTS:FLGZY – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 3,806 shares, an increase of 59.5% from the August 31st total of 2,386 shares. Based on an average trading volume of 678 shares, the short-interest ratio is presently 5.6 days.
Flughafen Zürich Stock Up 2.1%
FLGZY stock traded up $0.20 during mid-day trading on Wednesday, reaching $9.90. The company’s stock had a trading volume of 100 shares, compared to its average volume of 1,175. The company’s 50 day moving average is $10.85 and its two-hundred day moving average is $11.60. Flughafen Zürich has a fifty-two week low of $9.70 and a fifty-two week high of $13.66.
About Flughafen Zürich
Flughafen Zürich AG operates Zurich Airport, Switzerland’s largest airport and a major international transportation hub. The company provides airport infrastructure and aviation-related services, including passenger and baggage handling, aircraft operations support, cargo logistics, security, parking and ground transportation facilities.
In addition to aviation activities, Flughafen Zürich generates revenue from commercial and real estate operations at and around the airport. These activities include retail and duty-free outlets, restaurants, advertising, office and other property rentals, as well as the development and management of airport-related facilities.
The company also participates in the operation and development of selected airports outside Switzerland through long-term concessions and investments, particularly in international markets.
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