Short Interest in Chemring Group PLC (OTCMKTS:CMGMF) Rises By 202.0%

Chemring Group PLC (OTCMKTS:CMGMF) saw 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 days-to-cover ratio is presently 6.7 days.

Chemring Group Stock Performance

Chemring Group stock opened at C$6.71 on Monday. The firm has a 50 day simple moving average of C$6.85 and a 200 day simple moving average of C$6.87. Chemring Group has a 1-year low of C$5.95 and a 1-year high of C$8.03.

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.