QinetiQ Group plc (OTCMKTS:QNTQF) Short Interest Down 55.5% in February

QinetiQ Group plc (OTCMKTS:QNTQF) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 15,837 shares, a drop of 55.5% from the January 29th total of 35,552 shares. Based on an average trading volume of 620 shares, the days-to-cover ratio is presently 25.5 days. Based on an average trading volume of 620 shares, the days-to-cover ratio is presently 25.5 days.

QinetiQ Group Price Performance

QNTQF opened at $6.80 on Friday. QinetiQ Group has a 52-week low of $4.44 and a 52-week high of $7.72. The firm’s fifty day simple moving average is $6.48 and its two-hundred day simple moving average is $6.38.

QinetiQ Group Company Profile

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.