QinetiQ Group plc (OTCMKTS:QNTQY – Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,745 shares, a decrease of 52.0% from the August 31st total of 3,639 shares. Based on an average daily trading volume, of 1,043 shares, the days-to-cover ratio is currently 1.7 days.
QinetiQ Group Stock Up 2.2%
Shares of QNTQY stock traded up $0.57 during mid-day trading on Wednesday, hitting $26.32. The stock had a trading volume of 5,222 shares, compared to its average volume of 4,154. The company’s 50-day simple moving average is $27.58 and its 200-day simple moving average is $25.83. QinetiQ Group has a fifty-two week low of $21.32 and a fifty-two week high of $31.35.
About QinetiQ Group
QinetiQ Group plc is a United Kingdom-based defense and security technology company that provides testing, evaluation, engineering and research services to government and commercial customers. Its work supports the development and operation of military platforms, weapons, sensors, communications systems and other complex technologies.
The company’s capabilities include autonomous systems, robotics, cyber and electromagnetic activities, mission systems, space technologies, survivability, advanced materials and operational training.
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