Ferrovial SE (NASDAQ:FER) Sees Large Growth in Short Interest

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

Ferrovial Stock Up 0.3 %

NASDAQ:FER traded up $0.16 during trading hours on Thursday, hitting $46.46. 98,420 shares of the company were exchanged, compared to its average volume of 48,641. Ferrovial has a one year low of $36.24 and a one year high of $47.30. The company has a fifty day simple moving average of $44.15 and a 200 day simple moving average of $42.37.

Hedge Funds Weigh In On Ferrovial

A number of hedge funds have recently made changes to their positions in FER. BNP Paribas Financial Markets acquired a new stake in Ferrovial during the 4th quarter valued at approximately $25,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Ferrovial by 3.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 22,497 shares of the company’s stock valued at $946,000 after purchasing an additional 738 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Ferrovial by 2.5% during the fourth quarter. Wellington Management Group LLP now owns 33,774 shares of the company’s stock worth $1,420,000 after buying an additional 813 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Ferrovial by 24.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company’s stock worth $225,000 after buying an additional 1,073 shares during the last quarter. Finally, SG Americas Securities LLC acquired a new position in Ferrovial in the fourth quarter valued at $101,000. 22.28% of the stock is currently owned by institutional investors.

About Ferrovial

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.