QinetiQ Group plc (OTCMKTS:QNTQF) Short Interest Down 51.0% in March

QinetiQ Group plc (OTCMKTS:QNTQF) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 115,200 shares, a decline of 51.0% from the February 28th total of 235,300 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 29.5 days.

QinetiQ Group Price Performance

Shares of QNTQF remained flat at $5.45 during mid-day trading on Friday. 4 shares of the company’s stock were exchanged, compared to its average volume of 1,567. The business’s 50 day moving average price is $5.11 and its two-hundred day moving average price is $5.48. QinetiQ Group has a fifty-two week low of $4.32 and a fifty-two week high of $7.25.

QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.