World news – Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) short interest up 41.6% in January

0
17

Sign up for MarketBeat All Access to get access to all of MarketBeat’s research:

Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) was the target of a sharp surge in short interest in the January. As of January 29, there was short interest of 1,210,000 shares, an increase of 41.6% compared to January 14 of 854,300 shares. Currently, 1.5% of the company’s shares are short. With an average daily volume of 518,700 shares, the short interest ratio is currently 2.3 days.

Institutional investors recently changed their positions in the company. Manchester Financial Inc. took on a new position with Fortress Transportation and Infrastructure Investors in the fourth quarter valued at approximately $ 38,000. International Assets Investment Management LLC acquired a new stake in Fortress Transportation and Infrastructure Investors valued at approximately $ 91,000 in the fourth quarter. Vestmark Advisory Solutions Inc. bought a new position in Fortress Transportation and Infrastructure Investors in the fourth quarter valued at approximately $ 209,000. Northern Trust Corp acquired a new position with Fortress Transportation and Infrastructure Investors in the fourth quarter valued at approximately $ 235,000. Eventually, Tompkins Financial Corp bought a new stake in Fortress Transportation and Infrastructure Investors in the fourth quarter valued at approximately $ 249,000. Institutional investors and hedge funds own 52.27% of the company’s stock.

Several research companies have recently looked at FTAI. Raymond James raised his target price for Fortress Transportation and Infrastructure Investors from $ 24.00 to $ 26.00 and rated the company as « Outperform » in a report on Wednesday, February 10th. Barclays raised its target price for Fortress Transportation and Infrastructure Investors from $ 20.00 to $ 23.00 and rated the stock as overweight in a research report on Monday, February 1st. BTIG Research started reporting on shares in Fortress Transportation and Infrastructure Investors in a research report on Tuesday, December 1st. They set a Buy recommendation and a target price of $ 25.00 for the company. Zacks Investment Research downgraded the shares of Fortress Transportation and Infrastructure Investors from a « hold » rating to a « sell » rating in a report on Friday October 30th. Finally, Compass Point took on the coverage of shares in Fortress Transportation and Infrastructure Investors in a report on Monday, October 19. They set a Buy recommendation and a target price of $ 25.00 for the company. One stock research analyst has given the stock a sell rating and ten have given the stock a buy rating. The stock currently has an average « Buy » rating and a consensus price target of $ 22.73 (adsbygoogle = window.adsbygoogle || []). Push ({});

FTAI opened at $ 27.39 on Monday. The company has a 50-day simple moving average of $ 23.25 and a two-hundred-day simple moving average of $ 19.21. The company has a market cap of $ 2.35 billion, a P / E of 16.91, and a beta of 2.02. Fortress Transportation and Infrastructure Investors has a 1-year low of $ 3.69 and a 1-year high of $ 28.22.

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America and South America. The company operates in three segments: Aviation Leasing, Jefferson Terminal, and Ports and Terminals.

This instant messaging alert was generated using narrative science technology and financial data from MarketBeat to provide readers with the fastest, most accurate coverage. This story has been reviewed by the editorial staff of MarketBeat prior to publication. Please send any questions or comments about this story to [email protected]

2020 created a real-life script that many production companies could only dream of. But that dream was a nightmare for many of the world’s leading entertainment stocks. Cinemas and live entertainment venues will remain closed. The words “pent-up demand” have never met with any more resonance. Consumers are desperate for entertainment.

That might make it an odd time to think about entertainment stocks. But that would be a mistake. In fact, some entertainment stocks have been among the biggest winners from the pandemic. This is a trend that is likely to continue when the holidays arrive. The phrase “home for the holidays” is likely to have a new meaning this year. That means consumers keep looking for ways to entertain themselves. And now is the time for you to prepare your portfolio for this step.

To be clear, the novel coronavirus wasn’t due to poor management of a company. And you can bet that in the future many companies will leave some space on their balance sheets for future “force majeure”. Meanwhile, some entertainment stocks were pandemic winners. And that means they will likely continue to be winners as long as the pandemic continues.

Fill out the form below to receive the latest headlines and analyst recommendations for your stocks with our free daily email newsletter:

Sign up to MarketBeat All Access to access the full Get Research From MarketBeat:

View the latest news, buy / sell ratings, SEC filings, and insider deals for your stocks. Compare your portfolio performance against leading indices and get personalized stock ideas based on your portfolio.

Get stock ideas daily with the best Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. See what stocks are up to date on social media with MarketBeat’s Trending Stock Report.

Identify stocks that match your criteria with seven unique stock screeners. See what’s happening in the market with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access Stock Screener, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Would you like to see which stocks are moving? View our full range of financial calendars and market data tables for free.

Receive free world class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat enables individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, company buybacks, dividends, earnings, business reports, financial data, insider trading, IPOs, SEC filings, or stock splits, MarketBeat has the objective information you need to analyze stocks. Learn more.

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St # 105, Sioux Falls, SD 57103 | [Email protected] | (844) 978-6257
MarketBeat does not provide financial advice or make recommendations or offers to buy stocks or sell any securities. Learn more.
Don’t sell my information

© 2021 The market data provided will be delayed by at least 10 minutes and hosted by Barchart Solutions. The information is provided « as is » and for informational purposes only, not for commercial or advisory purposes, and is delayed. Please see the disclaimer for all delays and terms of use for exchanges. Basic company data from Zacks Investment Research. As a bonus for subscribing to our e-mail newsletters, you will also receive a free subscription to the Liberty Through Wealth e-newsletter. You can unsubscribe at any time.

Enter your email address below to receive a quick daily summary of upgrades, downgrades and new coverage from Analysts with MarketBeat.com’s FREE daily email newsletter.

Related Title :
Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) Short Interest Up 41.6% in January
Read Before Selling Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI) stocks

Ref: https://www.marketbeat.com

QU’EN PENSEZ-VOUS?

Donnez votre point de vue et aboonez-vous!

[gs-fb-comments]

Votre point de vue compte, donnez votre avis

[maxbutton id= »1″]