Short Interest in QinetiQ Group plc (OTCMKTS:QNTQF) Decreases By 53.1%

by · The Markets Daily

QinetiQ Group plc (OTCMKTS:QNTQFGet Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 57,000 shares, a decrease of 53.1% from the September 30th total of 121,500 shares. Based on an average daily volume of 600 shares, the short-interest ratio is currently 95.0 days.

QinetiQ Group Price Performance

QNTQF remained flat at $6.30 on Friday. The company has a 50 day moving average price of $6.03 and a 200 day moving average price of $5.55. QinetiQ Group has a one year low of $3.65 and a one year high of $6.30.

About QinetiQ Group

(Get Free Report)

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.

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