QinetiQ Group plc (OTCMKTS:QNTQY) Short Interest Down 68.0% in March
by Doug Wharley · The Cerbat GemQinetiQ Group plc (OTCMKTS:QNTQY – Get Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,260 shares, a decline of 68.0% from the March 15th total of 7,068 shares. Based on an average trading volume of 3,686 shares, the short-interest ratio is presently 0.6 days.
QinetiQ Group Stock Performance
QNTQY stock traded down $1.06 during midday trading on Monday, reaching $25.53. The company had a trading volume of 316 shares, compared to its average volume of 4,526. The stock has a 50 day moving average price of $26.58 and a 200 day moving average price of $25.82. QinetiQ Group has a fifty-two week low of $20.20 and a fifty-two week high of $31.77.
QinetiQ Group Company Profile
QinetiQ Group is a defense technology and services company headquartered in Farnborough, United Kingdom. The company’s core business centers on research, development and innovation across aerospace, defense, security and energy markets. QinetiQ provides end-to-end capabilities including test and evaluation services, systems engineering, consultancy and training, supporting platforms and systems from concept through deployment.
Established in 2001 following the privatization of the UK’s Defence Evaluation and Research Agency (DERA), QinetiQ has expanded its footprint to key locations in the United States, Australia and Europe.