Chemring Group PLC (OTCMKTS:CMGMF) Short Interest Update

Chemring Group PLC (OTCMKTS:CMGMF) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,156 shares, a drop 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 Chemring Group stock remained flat at C$7.21 during trading on Friday. 69,000 shares of the stock were exchanged, compared to its average volume of 3,973. The firm’s 50 day moving average price is C$6.82 and its 200-day moving average price is C$6.93. Chemring Group has a 52 week low of C$5.95 and a 52 week 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.