Aurizon Holdings Limited (OTCMKTS:QRNNF) Short Interest Update

Aurizon Holdings Limited (OTCMKTS:QRNNF) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totaling 241,602 shares, a decrease of 26.4% from the March 31st total of 328,474 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Aurizon Price Performance

OTCMKTS QRNNF remained flat at $2.76 during trading on Friday. The stock’s fifty day moving average is $2.76 and its two-hundred day moving average is $2.51. Aurizon has a 1 year low of $2.76 and a 1 year high of $2.99.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group cut Aurizon to a “neutral” rating and set a $3.80 price objective on the stock. in a report on Monday, February 16th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $3.80.

Aurizon Company Profile

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.