Ferrovial SE (NASDAQ:FER) Short Interest Update

Ferrovial SE (NASDAQ:FER) saw 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. Based on an average trading volume of 72,600 shares, the short-interest ratio is currently 15.3 days. Currently, 0.2% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Bank of America upgraded shares of Ferrovial from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 3rd.

Ferrovial Stock Performance

Shares of NASDAQ:FER traded up $1.17 during trading on Wednesday, reaching $46.43. The stock had a trading volume of 74,706 shares, compared to its average volume of 48,253. Ferrovial has a 1-year low of $36.24 and a 1-year high of $47.30. The business has a fifty day moving average price of $44.09 and a 200-day moving average price of $42.34.

Institutional Investors Weigh In On Ferrovial

Several institutional investors and hedge funds have recently added to or reduced their stakes in FER. Wellington Management Group LLP lifted its stake in shares of Ferrovial by 2.5% in 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 in the last quarter. Lansforsakringar Fondforvaltning AB publ acquired a new stake in Ferrovial in the 4th quarter valued at about $6,738,000. Mackenzie Financial Corp lifted its stake in Ferrovial by 10.7% in the 4th quarter. Mackenzie Financial Corp now owns 84,106 shares of the company’s stock worth $3,535,000 after purchasing an additional 8,116 shares in the last quarter. TCI Fund Management Ltd. boosted its holdings in shares of Ferrovial by 1.2% during the 4th quarter. TCI Fund Management Ltd. now owns 19,333,428 shares of the company’s stock worth $812,724,000 after purchasing an additional 238,184 shares during the last quarter. Finally, Thornburg Investment Management Inc. grew its position in shares of Ferrovial by 6.4% in the fourth quarter. Thornburg Investment Management Inc. now owns 1,695,181 shares of the company’s stock valued at $71,253,000 after purchasing an additional 101,310 shares in the last quarter. Institutional investors and hedge funds own 22.28% of the company’s stock.

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.