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

Aurizon Holdings Limited (OTCMKTS:QRNNF) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 1,479,300 shares, a decline of 24.8% from the March 15th total of 1,967,700 shares. Based on an average daily volume of 5,700 shares, the short-interest ratio is presently 259.5 days.

Aurizon Price Performance

Shares of QRNNF remained flat at $1.78 during mid-day trading on Friday. The business has a 50-day moving average of $2.00 and a two-hundred day moving average of $2.15. Aurizon has a one year low of $1.55 and a one year high of $2.56.

Aurizon Company Profile

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.