Short Interest in QinetiQ Group plc (OTCMKTS:QNTQF) Grows By 157.0%

QinetiQ Group plc (OTCMKTS:QNTQF) saw a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 40,695 shares, a growth of 157.0% from the February 12th total of 15,837 shares. Based on an average daily volume of 4,829 shares, the days-to-cover ratio is currently 8.4 days. Based on an average daily volume of 4,829 shares, the days-to-cover ratio is currently 8.4 days.

QinetiQ Group Stock Performance

OTCMKTS:QNTQF remained flat at $6.80 during mid-day trading on Friday. The company’s 50 day moving average price is $6.67 and its two-hundred day moving average price is $6.39. QinetiQ Group has a 1 year low of $4.44 and a 1 year high of $7.72.

About QinetiQ Group

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.