Short Interest in Chemring Group PLC (OTCMKTS:CMGMF) Rises By 333.0%

Chemring Group PLC (OTCMKTS:CMGMF) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 5,006 shares, a growth of 333.0% from the June 30th total of 1,156 shares. Based on an average daily trading volume, of 18,066 shares, the short-interest ratio is currently 0.3 days.

Chemring Group Stock Performance

CMGMF stock opened at C$8.00 on Monday. Chemring Group has a twelve month low of C$5.95 and a twelve month high of C$8.06. The business has a fifty day moving average of C$6.96 and a 200-day moving average of C$7.04.

About Chemring Group

Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services.