Ferrovial SE (NASDAQ:FER - Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 803,900 shares, a growth of 6.9% from the September 30th total of 752,200 shares. Based on an average daily volume of 34,400 shares, the days-to-cover ratio is presently 23.4 days. Currently, 0.2% of the shares of the stock are short sold.
Ferrovial Stock Performance
FER stock traded up $0.15 during midday trading on Friday, reaching $40.36. The company's stock had a trading volume of 12,011 shares, compared to its average volume of 26,519. Ferrovial has a 52 week low of $32.82 and a 52 week high of $48.29. The stock's 50-day moving average price is $41.71.
Ferrovial Increases Dividend
The company also recently announced a -- dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 7th will be issued a $0.4592 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This is a positive change from Ferrovial's previous -- dividend of $0.33.
Institutional Investors Weigh In On Ferrovial
Hedge funds have recently bought and sold shares of the company. Susquehanna International Securities Ltd. acquired a new stake in Ferrovial in the 2nd quarter valued at $228,000. Allspring Global Investments Holdings LLC acquired a new stake in Ferrovial in the 3rd quarter valued at $296,000. Oppenheimer Asset Management Inc. acquired a new stake in Ferrovial in the 2nd quarter valued at $307,000. Hancock Whitney Corp acquired a new stake in Ferrovial in the 2nd quarter valued at $352,000. Finally, Acadian Asset Management LLC acquired a new stake in Ferrovial in the 2nd quarter valued at $370,000.
Ferrovial Company Profile
(
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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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