Short Interest in QinetiQ Group plc (OTCMKTS:QNTQF) Expands By 17.5%

QinetiQ Group plc (OTCMKTS:QNTQF) was the target of a large growth in short interest in August. As of August 31st, there was short interest totalling 110,900 shares, a growth of 17.5% from the August 15th total of 94,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

QinetiQ Group Stock Performance

QNTQF stock remained flat at $5.88 during midday trading on Monday. The firm’s fifty day moving average is $5.84 and its two-hundred day moving average is $5.26. QinetiQ Group has a fifty-two week low of $3.65 and a fifty-two week high of $5.88.

About QinetiQ Group

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.