Atlas Arteria Limited (OTCMKTS:MAQAF – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,361,482 shares, a drop of 76.3% from the June 30th total of 5,755,870 shares. Based on an average daily volume of 338 shares, the short-interest ratio is currently 4,028.1 days.
Analyst Ratings Changes
Separately, Royal Bank Of Canada downgraded Atlas Arteria to an “underperform” rating and set a $4.75 price objective for the company. in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell” and an average target price of $4.75.
Check Out Our Latest Report on Atlas Arteria
Atlas Arteria Stock Performance
About Atlas Arteria
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.
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