Ferrovial SE (NASDAQ:FER) Short Interest Down 8.8% in November

Ferrovial SE (NASDAQ:FER - Get Free Report) saw a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 808,200 shares, a decrease of 8.8% from the November 15th total of 885,900 shares. Based on an average daily volume of 42,300 shares, the short-interest ratio is currently 19.1 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Ferrovial

Large investors have recently made changes to their positions in the stock. Canada Pension Plan Investment Board acquired a new stake in shares of Ferrovial in the second quarter valued at approximately $19,051,000. Partners Group Holding AG acquired a new stake in Ferrovial in the 3rd quarter valued at $36,538,000. Ausbil Investment Management Ltd bought a new stake in Ferrovial during the 3rd quarter worth about $9,262,000. Exane Asset Management acquired a new position in shares of Ferrovial during the 2nd quarter worth about $20,938,000. Finally, ProShare Advisors LLC bought a new position in Ferrovial in the second quarter valued at approximately $2,137,000. Institutional investors own 22.28% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on FER. Bank of America raised Ferrovial from a "neutral" rating to a "buy" rating in a report on Tuesday, December 3rd. Royal Bank of Canada raised shares of Ferrovial to a "hold" rating in a research note on Tuesday, November 12th.

Ferrovial Trading Down 0.3 %

Shares of NASDAQ:FER traded down $0.13 during trading on Tuesday, hitting $42.88. 64,694 shares of the company's stock traded hands, compared to its average volume of 31,218. The company has a 50-day moving average price of $40.77 and a 200-day moving average price of $40.84. Ferrovial has a 52 week low of $35.30 and a 52 week high of $48.29.

Ferrovial Cuts Dividend

The business also recently declared a -- dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 16th will be issued a $0.0366 dividend. The ex-dividend date of this dividend is Monday, December 16th.

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.

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