Aurizon Holdings Limited (OTCMKTS:QRNNF) Short Interest Update

Aurizon Holdings Limited (OTCMKTS:QRNNF) saw a significant decline in short interest in March. As of March 31st, there was short interest totaling 328,474 shares, a decline of 19.6% from the March 15th total of 408,662 shares. Based on an average daily trading volume, of 31 shares, the short-interest ratio is currently 10,595.9 days.

Aurizon Price Performance

OTCMKTS QRNNF opened at $2.76 on Thursday. The firm’s fifty day moving average price is $2.70 and its two-hundred day moving average price is $2.45. Aurizon has a fifty-two week low of $2.76 and a fifty-two week high of $2.99.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Aurizon to a “neutral” rating and set a $3.80 price objective for the company. in a research report on Monday, February 16th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $3.80.

About Aurizon

Aurizon Group Ltd, trading as OTCMKTS:QRNNF, is Australia’s leading rail freight operator, specialising in bulk commodity and intermodal logistics. Formed in 2010 through the privatisation of Queensland Rail’s freight business, the company commands an extensive network spanning the Central Queensland coal system and key corridors along the country’s east coast. Aurizon’s core services encompass coal haulage, iron ore and other bulk mineral transport, as well as agricultural and livestock logistics.

In addition to bulk freight, Aurizon offers intermodal solutions that connect major ports and urban centres, supporting the movement of containers and consumer goods.