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

Aurizon Holdings Limited (OTCMKTS:QRNNF) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 1,967,700 shares, a drop of 13.3% from the February 28th total of 2,269,500 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 1,788.8 days.

Aurizon Price Performance

QRNNF remained flat at $1.81 during trading on Thursday. The company’s fifty day moving average price is $2.14 and its 200-day moving average price is $2.19. Aurizon has a twelve month low of $1.81 and a twelve month high of $2.56.

About Aurizon

Aurizon Holdings Limited, through its subsidiaries, operates as a rail freight operator in Australia. The company operates through Network, Coal, Bulk, and Other segments. It transports various commodities, including mining, agricultural, industrial, and retail products; and retail goods and groceries across small and big towns, and cities, as well as coal and iron ore.