Corporación América Airports S.A. (NYSE:CAAP) Short Interest Up 6.8% in November

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

Corporación América Airports Trading Down 1.6 %

CAAP traded down $0.34 during midday trading on Tuesday, hitting $20.34. The company’s stock had a trading volume of 192,536 shares, compared to its average volume of 150,741. The firm has a market cap of $3.32 billion, a P/E ratio of 9.57 and a beta of 2.02. Corporación América Airports has a 52-week low of $13.74 and a 52-week high of $20.79. The company has a current ratio of 1.29, a quick ratio of 1.27 and a debt-to-equity ratio of 0.71. The firm has a 50-day moving average price of $18.88 and a two-hundred day moving average price of $17.37.

Hedge Funds Weigh In On Corporación América Airports

Several institutional investors and hedge funds have recently bought and sold shares of CAAP. Quarry LP purchased a new position in shares of Corporación América Airports in the 2nd quarter worth $38,000. Rhumbline Advisers purchased a new position in Corporación América Airports in the 2nd quarter worth approximately $98,000. Vontobel Holding Ltd. purchased a new stake in Corporación América Airports during the 3rd quarter worth $224,000. Metis Global Partners LLC lifted its stake 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 worth $244,000 after acquiring an additional 3,501 shares in the last quarter. Finally, Ping Capital Management Inc. purchased a new position in Corporación América Airports in the second quarter valued at about $383,000. Institutional investors and hedge funds own 12.95% of the company’s stock.

About Corporación América Airports

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.