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Short Interest in Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) Drops By 5.3%

Grupo Aeroportuario del Sureste, S. A. B. de C. V. logo with Transportation background

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR - Get Free Report) saw a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 151,500 shares, a drop of 5.3% from the November 15th total of 160,000 shares. Based on an average daily trading volume, of 41,500 shares, the short-interest ratio is currently 3.7 days. Currently, 0.6% of the shares of the company are short sold.

Hedge Funds Weigh In On Grupo Aeroportuario del Sureste, S. A. B. de C. V.

Hedge funds and other institutional investors have recently made changes to their positions in the company. ABS Direct Equity Fund LLC raised its holdings in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.7% during the 3rd quarter. ABS Direct Equity Fund LLC now owns 6,970 shares of the transportation company's stock worth $1,971,000 after buying an additional 310 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in Grupo Aeroportuario del Sureste, S. A. B. de C. V. during the third quarter worth about $112,000. National Bank of Canada FI bought a new position in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. in the third quarter worth about $19,274,000. State Street Corp boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 4.5% in the 3rd quarter. State Street Corp now owns 164,576 shares of the transportation company's stock valued at $46,536,000 after purchasing an additional 7,070 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of Grupo Aeroportuario del Sureste, S. A. B. de C. V. by 5.4% in the 3rd quarter. HighTower Advisors LLC now owns 1,004 shares of the transportation company's stock valued at $285,000 after purchasing an additional 51 shares in the last quarter. 10.57% of the stock is currently owned by institutional investors and hedge funds.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. Price Performance

Shares of NYSE ASR traded down $3.29 during mid-day trading on Tuesday, reaching $273.63. The company had a trading volume of 70,175 shares, compared to its average volume of 43,438. The firm has a market cap of $8.21 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 4.16 and a beta of 1.10. The business's 50-day simple moving average is $268.04 and its 200 day simple moving average is $282.95. Grupo Aeroportuario del Sureste, S. A. B. de C. V. has a one year low of $248.88 and a one year high of $357.90. The company has a debt-to-equity ratio of 0.20, a quick ratio of 4.65 and a current ratio of 4.65.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Grupo Aeroportuario del Sureste, S. A. B. de C. V. from a "buy" rating to a "hold" rating in a report on Thursday, November 21st.

Get Our Latest Stock Analysis on ASR

About Grupo Aeroportuario del Sureste, S. A. B. de C. V.

(Get Free Report)

Grupo Aeroportuario del Sureste, S. A. B. de C. V. holds concessions to operate, maintain, and develop airports in the southeast region of Mexico. The company operates airports that are located in the cities of Cancún, Cozumel, Mérida, Huatulco, Oaxaca, Veracruz, Villahermosa, Tapachula, and Minatitlán.

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