Flughafen Zürich AG (OTCMKTS:FLGZY) Shares Shorted: Short Interest Up 59.5% in September

Flughafen Zürich AG (OTCMKTS:FLGZY) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 3,806 shares, a growth of 59.5% from the August 31st total of 2,386 shares. Based on an average trading volume of 678 shares, the days-to-cover ratio is currently 5.6 days.

Flughafen Zürich Stock Up 2.1%

Shares of OTCMKTS FLGZY traded up $0.20 during trading on Wednesday, hitting $9.90. 100 shares of the company were exchanged, compared to its average volume of 1,175. The company has a fifty day moving average price of $10.85 and a 200-day moving average price of $11.60. Flughafen Zürich has a 12-month low of $9.70 and a 12-month 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.