Aurizon Holdings Limited (OTCMKTS:QRNNF) Short Interest Up 64.1% in July

Aurizon Holdings Limited (OTCMKTS:QRNNF) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 248,720 shares, an increase of 64.1% from the July 15th total of 151,578 shares. Based on an average trading volume of 17 shares, the days-to-cover ratio is currently 14,630.6 days.

Aurizon Stock Performance

QRNNF opened at $3.10 on Tuesday. The business’s 50-day simple moving average is $2.81 and its 200 day simple moving average is $2.75. Aurizon has a 52-week low of $2.58 and a 52-week high of $3.10.

Aurizon Company Profile

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.