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

QinetiQ Group plc (OTCMKTS:QNTQF) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 176,200 shares, a growth of 81.3% from the December 31st total of 97,200 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is currently 135.5 days.

QinetiQ Group Price Performance

OTCMKTS QNTQF remained flat at $4.34 during trading hours on Friday. The firm’s 50 day moving average price is $4.99 and its two-hundred day moving average price is $5.64. QinetiQ Group has a 52-week low of $4.32 and a 52-week high of $6.30.

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.