Aurizon Holdings Limited (OTCMKTS:QRNNF) Sees Large Decline in Short Interest

Aurizon Holdings Limited (OTCMKTS:QRNNF) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 102,280 shares, a drop of 90.3% from the September 30th total of 1,050,481 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Aurizon Stock Performance

Shares of QRNNF stock remained flat at $2.57 on Monday. Aurizon has a 1 year low of $2.57 and a 1 year high of $3.10. The firm has a 50-day moving average price of $3.04 and a 200 day moving average price of $2.80.

Aurizon Company Profile

Aurizon Holdings Limited is an Australian rail freight company that transports bulk commodities and other freight across Australia. Its operations are centered on the movement of coal from mines to export terminals and domestic power stations, along with the transportation of agricultural, industrial and general freight.

The company operates and manages rail infrastructure in Queensland through the Central Queensland Coal Network, providing access for coal producers and coordinating the movement of trains across the network.