Atlas Arteria Limited (OTCMKTS:MAQAF) Short Interest Up 264.3% in June

Atlas Arteria Limited (OTCMKTS:MAQAF) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 5,755,870 shares, a growth of 264.3% from the June 15th total of 1,579,770 shares. Based on an average trading volume of 2,955 shares, the short-interest ratio is currently 1,947.8 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada lowered shares of Atlas Arteria to an “underperform” rating and set a $4.75 price target on the stock. in a report on Thursday, July 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell” and an average price target of $4.75.

Atlas Arteria Trading Up 13.9%

Shares of MAQAF traded up $0.49 during midday trading on Monday, reaching $4.04. 700 shares of the company were exchanged, compared to its average volume of 1,331. Atlas Arteria has a 1-year low of $2.69 and a 1-year high of $4.04. The stock has a 50-day moving average price of $3.45 and a 200-day moving average price of $3.33.

Atlas Arteria Company Profile

Atlas Arteria (OTCMKTS: MAQAF) is a global toll road owner and operator specializing in the development, management and long-term investment of transport infrastructure. The company partners with governments and institutional investors to acquire, manage and optimise concession-based road assets, generating stable revenue streams through user fees and toll collections. Atlas Arteria focuses on enhancing traffic flow and safety through targeted capital improvements and operational efficiencies across its portfolio.

The company’s primary assets span North America, Europe and Australia.