Short Interest in Chemring Group PLC (OTCMKTS:CMGMF) Declines By 91.1%

Chemring Group PLC (OTCMKTS:CMGMF) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 1,156 shares, a decrease of 91.1% from the June 15th total of 12,989 shares. Based on an average daily trading volume, of 268 shares, the short-interest ratio is presently 4.3 days.

Chemring Group Stock Performance

Shares of CMGMF remained flat at C$7.21 during trading hours on Friday. The stock had a trading volume of 69,000 shares, compared to its average volume of 3,973. Chemring Group has a one year low of C$5.95 and a one year high of C$7.80. The stock has a 50 day moving average price of C$6.82 and a 200-day moving average price of C$6.93.

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.