Corporación América Airports S.A. (NYSE:CAAP) Short Interest Update

Corporación América Airports S.A. (NYSE:CAAP) saw a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 1,560,000 shares, a growth of 6.8% from the November 15th total of 1,460,000 shares. Currently, 5.3% of the company’s shares are sold short. Based on an average daily trading volume, of 143,500 shares, the days-to-cover ratio is presently 10.9 days.

Corporación América Airports Stock Down 1.6 %

Shares of CAAP stock traded down $0.34 during trading hours on Tuesday, hitting $20.34. 192,536 shares of the company’s stock traded hands, compared to its average volume of 150,741. The company has a quick ratio of 1.27, a current ratio of 1.29 and a debt-to-equity ratio of 0.71. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of 9.41 and a beta of 2.02. The stock’s fifty day simple moving average is $18.94 and its two-hundred day simple moving average is $17.39. Corporación América Airports has a 12-month low of $13.74 and a 12-month high of $20.79.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Meixler Investment Management Ltd. lifted its holdings in Corporación América Airports by 5.0% during the second quarter. Meixler Investment Management Ltd. now owns 25,101 shares of the company’s stock valued at $418,000 after purchasing an additional 1,201 shares in the last quarter. Quarry LP bought a new stake in Corporación América Airports during the second quarter valued at about $38,000. Metis Global Partners LLC lifted its position in shares of Corporación América Airports by 33.5% in the third quarter. Metis Global Partners LLC now owns 13,958 shares of the company’s stock valued at $244,000 after acquiring an additional 3,501 shares in the last quarter. LMG Wealth Partners LLC lifted its position in shares of Corporación América Airports by 5.5% in the second quarter. LMG Wealth Partners LLC now owns 83,559 shares of the company’s stock valued at $1,390,000 after acquiring an additional 4,359 shares in the last quarter. Finally, Rhumbline Advisers bought a new position in shares of Corporación América Airports in the second quarter worth about $98,000. 12.95% of the stock is owned by institutional investors.

Corporación América Airports Company Profile

Corporación América Airports SA, through its subsidiaries, acquires, develops, and operates airport concessions. It operates 52 airports in Latin America, Europe, and Eurasia. The company was formerly known as A.C.I. Airports International S.à r.l. and changed its name to Corporación América Airports SA in September 2017.