Short Interest in Aurizon Holdings Limited (OTCMKTS:QRNNF) Decreases By 59.2%

Aurizon Holdings Limited (OTCMKTS:QRNNF) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 227,411 shares, a decrease of 59.2% from the January 29th total of 557,115 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Aurizon Price Performance

OTCMKTS:QRNNF remained flat at $2.76 during midday trading on Friday. Aurizon has a twelve month low of $2.76 and a twelve month high of $2.99. The stock’s 50 day moving average price is $2.49 and its 200 day moving average price is $2.25.

Analysts Set New Price Targets

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