QinetiQ Group plc (OTCMKTS:QNTQF) Sees Large Decrease in Short Interest

by · The Markets Daily

QinetiQ Group plc (OTCMKTS:QNTQF – Get Free Report) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 59,339 shares, a decline of 51.8% from the November 30th total of 123,223 shares. Based on an average daily trading volume, of 361 shares, the short-interest ratio is currently 164.4 days. Based on an average daily trading volume, of 361 shares, the short-interest ratio is currently 164.4 days.

QinetiQ Group Price Performance

OTCMKTS QNTQF remained flat at $5.76 during trading on Friday. The firm’s fifty day simple moving average is $5.87 and its two-hundred day simple moving average is $6.47. QinetiQ Group has a 1 year low of $4.34 and a 1 year high of $7.72.

About QinetiQ Group

(Get Free Report)

QinetiQ Group plc (OTCMKTS:QNTQF) is a UK-based defence technology company that delivers research, development and advisory services to military, security and civil customers worldwide. Headquartered in Farnborough, England, QinetiQ provides a blend of systems integration, test and evaluation, consultancy and managed services spanning land, sea, air and cyber domains.

The company’s core activities encompass advanced aeronautics and space testing, sensor and communications development, autonomous systems and robotics, as well as cybersecurity and resilience solutions.

Featured Stories