Short Interest in QinetiQ Group plc (OTCMKTS:QNTQF) Declines By 51.8%

QinetiQ Group plc (OTCMKTS:QNTQF) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 59,339 shares, a drop of 51.8% from the November 30th total of 123,223 shares. Based on an average daily volume of 361 shares, the days-to-cover ratio is presently 164.4 days. Based on an average daily volume of 361 shares, the days-to-cover ratio is presently 164.4 days.

QinetiQ Group Stock Performance

OTCMKTS QNTQF opened at $5.76 on Monday. The company has a 50-day moving average price of $5.87 and a two-hundred day moving average price of $6.46. QinetiQ Group has a 52 week low of $4.34 and a 52 week 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.