Chemring Group PLC (OTCMKTS:CMGMF) Short Interest Update

Chemring Group PLC (OTCMKTS:CMGMF) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 15,637 shares, a growth of 212.4% from the July 15th total of 5,006 shares. Based on an average trading volume of 7,846 shares, the short-interest ratio is currently 2.0 days.

Chemring Group Price Performance

Shares of OTCMKTS:CMGMF remained flat at C$8.59 during midday trading on Thursday. Chemring Group has a twelve month low of C$5.95 and a twelve month high of C$8.59. The firm’s 50 day moving average is C$7.37 and its 200 day moving average is C$7.16.

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.