Ferrovial SE (NASDAQ:FER) Short Interest Update

Ferrovial SE (NASDAQ:FER) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,110,000 shares, an increase of 21.7% from the February 28th total of 912,200 shares. Based on an average daily trading volume, of 72,600 shares, the days-to-cover ratio is presently 15.3 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. purchased a new stake in Ferrovial in the 3rd quarter valued at $940,000. Janus Henderson Group PLC bought a new stake in shares of Ferrovial in the 3rd quarter worth $12,492,000. Royal London Asset Management Ltd. purchased a new stake in shares of Ferrovial during the third quarter valued at approximately $4,159,000. Quantinno Capital Management LP lifted its holdings in Ferrovial by 59.0% during the third quarter. Quantinno Capital Management LP now owns 43,585 shares of the company’s stock worth $1,880,000 after acquiring an additional 16,173 shares during the period. Finally, State Street Corp purchased a new position in Ferrovial in the third quarter worth $6,483,000. 22.28% of the stock is owned by institutional investors.

Ferrovial Price Performance

Shares of Ferrovial stock traded up $0.16 on Thursday, reaching $46.46. 98,420 shares of the company’s stock were exchanged, compared to its average volume of 48,641. The firm’s 50-day moving average is $44.15 and its two-hundred day moving average is $42.37. Ferrovial has a 52 week low of $36.24 and a 52 week high of $47.30.

Ferrovial Company Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.