Chemring Group PLC (OTCMKTS:CMGMF) Short Interest Up 202.0% in June

Chemring Group PLC (OTCMKTS:CMGMF) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 12,989 shares, a growth of 202.0% from the May 31st total of 4,301 shares. Based on an average daily trading volume, of 1,938 shares, the short-interest ratio is currently 6.7 days.

Chemring Group Price Performance

Chemring Group stock opened at C$6.36 on Tuesday. The company’s fifty day moving average price is C$6.83 and its 200 day moving average price is C$6.86. Chemring Group has a 1 year low of C$5.95 and a 1 year high of C$7.80.

Chemring Group Company Profile

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.