Short Interest in Atlas Arteria Limited (OTCMKTS:MAQAF) Decreases By 76.3%

Atlas Arteria Limited (OTCMKTS:MAQAF) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 1,361,482 shares, a decline of 76.3% from the June 30th total of 5,755,870 shares. Based on an average daily volume of 338 shares, the short-interest ratio is presently 4,028.1 days.

Analyst Ratings Changes

Separately, Royal Bank Of Canada lowered shares of Atlas Arteria to an “underperform” rating and set a $4.75 target price on the stock. in a report on Thursday, July 2nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Atlas Arteria presently has a consensus rating of “Sell” and an average price target of $4.75.

Atlas Arteria Price Performance

MAQAF stock opened at $3.30 on Tuesday. The business has a fifty day moving average price of $3.53 and a 200 day moving average price of $3.38. Atlas Arteria has a fifty-two week low of $2.69 and a fifty-two week high of $4.09.

Atlas Arteria Company Profile

Atlas Arteria (OTCMKTS: MAQAF) is a global toll road owner and operator specializing in the development, management and long-term investment of transport infrastructure. The company partners with governments and institutional investors to acquire, manage and optimise concession-based road assets, generating stable revenue streams through user fees and toll collections. Atlas Arteria focuses on enhancing traffic flow and safety through targeted capital improvements and operational efficiencies across its portfolio.

The company’s primary assets span North America, Europe and Australia.