QinetiQ Group plc (OTCMKTS:QNTQF) Short Interest Down 75.9% in January

QinetiQ Group plc (OTCMKTS:QNTQF) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 35,552 shares, a drop of 75.9% from the January 15th total of 147,763 shares. Based on an average daily volume of 322 shares, the short-interest ratio is presently 110.4 days. Based on an average daily volume of 322 shares, the short-interest ratio is presently 110.4 days.

QinetiQ Group Price Performance

Shares of QNTQF stock traded down $1.05 during trading hours on Wednesday, reaching $6.04. The company had a trading volume of 1,544 shares, compared to its average volume of 749. QinetiQ Group has a twelve month low of $4.44 and a twelve month high of $7.72. The stock’s fifty day simple moving average is $6.16 and its 200 day simple moving average is $6.41.

QinetiQ Group Company Profile

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.