Short Interest in QinetiQ Group plc (OTCMKTS:QNTQF) Drops By 55.5%

QinetiQ Group plc (OTCMKTS:QNTQF) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 15,837 shares, a decline of 55.5% from the January 29th total of 35,552 shares. Based on an average daily volume of 620 shares, the short-interest ratio is currently 25.5 days. Based on an average daily volume of 620 shares, the short-interest ratio is currently 25.5 days.

QinetiQ Group Stock Performance

Shares of QinetiQ Group stock remained flat at $6.80 during trading hours on Friday. 512 shares of the stock were exchanged, compared to its average volume of 2,561. QinetiQ Group has a one year low of $4.44 and a one year high of $7.72. The business’s 50 day moving average price is $6.46 and its 200 day moving average price is $6.38.

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.