QinetiQ Group plc (OTCMKTS:QNTQF – Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 22,735 shares, a drop of 77.2% from the May 14th total of 99,828 shares. Based on an average trading volume of 257 shares, the days-to-cover ratio is presently 88.5 days.
QinetiQ Group Price Performance
Shares of OTCMKTS QNTQF remained flat at $6.38 during trading on Thursday. 27 shares of the stock were exchanged, compared to its average volume of 1,802. The firm’s 50-day moving average price is $5.98 and its 200 day moving average price is $6.18. QinetiQ Group has a 12-month low of $5.09 and a 12-month high of $7.64.
About QinetiQ Group
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.
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