What’s Propelling AUCKLAND INTERNATIONAL AIRPORT LTD ORDIN (OTCMKTS:ACKDF) After Higher Shorts Reported?

April 17, 2018 - By Adrian Mccoy

Auckland International Airport Limited (OTCMKTS:ACKDF) Logo

The stock of AUCKLAND INTERNATIONAL AIRPORT LTD ORDIN (OTCMKTS:ACKDF) registered an increase of 12.66% in short interest. ACKDF’s total short interest was 460,200 shares in April as published by FINRA. Its up 12.66% from 408,500 shares, reported previously. With 3,700 shares average volume, it will take short sellers 124 days to cover their ACKDF’s short positions. The short interest to AUCKLAND INTERNATIONAL AIRPORT LTD ORDIN’s float is 0.05%.

It closed at $4.71 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Auckland International Airport Limited provides airport facilities and supporting infrastructure in Auckland, New Zealand. The company has market cap of $5.51 billion. The firm offers services that facilitate the movement of aircraft, passengers, and cargo, as well as utility services, which support the airport; and leases space for facilities, such as terminals and cargo buildings, investment properties, and hangars. It has a 21.71 P/E ratio. It also provides services to the retailers within the terminals; and car parking facilities for passengers, visitors, and airport staff.

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