Corporación América Airports S.A. (NYSE:CAAP – Get Rating) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 2,200,000 shares, a drop of 29.5% from the March 15th total of 3,120,000 shares. Based on an average trading volume of 84,000 shares, the days-to-cover ratio is presently 26.2 days. Currently, 7.5% of the company’s shares are sold short.
Several hedge funds have recently modified their holdings of the company. River & Mercantile Asset Management LLP raised its stake in shares of Corporación América Airports by 0.6% in the 4th quarter. River & Mercantile Asset Management LLP now owns 442,117 shares of the company’s stock valued at $2,550,000 after acquiring an additional 2,640 shares during the period. Invesco Ltd. increased its stake in Corporación América Airports by 3.6% during the 3rd quarter. Invesco Ltd. now owns 90,815 shares of the company’s stock worth $511,000 after buying an additional 3,178 shares during the period. BlackRock Inc. increased its stake in Corporación América Airports by 58.8% during the 4th quarter. BlackRock Inc. now owns 17,483 shares of the company’s stock worth $101,000 after buying an additional 6,475 shares during the period. Citadel Advisors LLC increased its stake in Corporación América Airports by 8.5% during the 4th quarter. Citadel Advisors LLC now owns 83,498 shares of the company’s stock worth $481,000 after buying an additional 6,539 shares during the period. Finally, GSA Capital Partners LLP increased its stake in Corporación América Airports by 13.1% during the 3rd quarter. GSA Capital Partners LLP now owns 96,955 shares of the company’s stock worth $546,000 after buying an additional 11,204 shares during the period. 10.83% of the stock is currently owned by institutional investors and hedge funds.
NYSE CAAP traded down $0.11 during mid-day trading on Tuesday, reaching $6.60. 6 shares of the stock were exchanged, compared to its average volume of 80,231. The business’s fifty day simple moving average is $5.82 and its 200 day simple moving average is $5.77. Corporación América Airports has a 1-year low of $4.59 and a 1-year high of $6.79. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.73 and a current ratio of 0.74. The stock has a market capitalization of $1.06 billion, a PE ratio of -9.32 and a beta of 2.82.
Corporación América Airports Company Profile (Get Rating)
CorporaciÃ³n AmÃ©rica 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 knwona as A.C.I. Airports International S.Ã r.l. The company was founded in 1998 and is headquartered in Luxembourg, Luxembourg.
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