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

QinetiQ Group plc (OTCMKTS:QNTQF) saw a significant decline in short interest during the month of 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 short-interest ratio is presently 29.5 days.

QinetiQ Group Price Performance

QNTQF remained flat at $5.45 during trading on Friday. The stock’s fifty day simple moving average is $5.10 and its 200-day simple moving average is $5.49. QinetiQ Group has a 52 week low of $4.32 and a 52 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.