Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) was the target of a large increase in short interest in the month of January. As of January 29th, there was short interest totalling 1,210,000 shares, an increase of 41.6% from the January 14th total of 854,300 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 518,700 shares, the short-interest ratio is currently 2.3 days.

Institutional investors have recently made changes to their positions in the company. Manchester Financial Inc. purchased a new position in Fortress Transportation and Infrastructure Investors in the 4th quarter worth approximately $38,000. International Assets Investment Management LLC purchased a new stake in shares of Fortress Transportation and Infrastructure Investors in the fourth quarter worth about $91,000. Vestmark Advisory Solutions Inc. bought a new position in Fortress Transportation and Infrastructure Investors during the fourth quarter valued at approximately $209,000. Northern Trust Corp purchased a new position in Fortress Transportation and Infrastructure Investors during the 4th quarter valued at approximately $235,000. Finally, Tompkins Financial Corp bought a new stake in Fortress Transportation and Infrastructure Investors in the 4th quarter worth approximately $249,000. Institutional investors and hedge funds own 52.27% of the company’s stock.

Several research firms have recently weighed in on FTAI. Raymond James increased their price target on Fortress Transportation and Infrastructure Investors from $24.00 to $26.00 and gave the company an “outperform” rating in a report on Wednesday, February 10th. Barclays raised their target price on Fortress Transportation and Infrastructure Investors from $20.00 to $23.00 and gave the stock an “overweight” rating in a research report on Monday, February 1st. BTIG Research started coverage on shares of Fortress Transportation and Infrastructure Investors in a research report on Tuesday, December 1st. They set a “buy” rating and a $25.00 price target for the company. Zacks Investment Research downgraded 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 assumed coverage on shares of Fortress Transportation and Infrastructure Investors in a report on Monday, October 19th. They set a “buy” rating and a $25.00 target price for the company. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $22.73.

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 firm has a market cap of $2.35 billion, a P/E ratio 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 Company Profile

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. It operates through three segments: Aviation Leasing, Jefferson Terminal, and Ports and Terminals.

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7 Stocks to Buy For the Current Housing Boom

It’s been an uneven economic recovery to date. However, one area that is unquestionably booming is the housing market. But the interesting thing is that it took more than low mortgage rates to convince home buyers to take the plunge.

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