Chemring Group PLC (OTCMKTS:CMGMF) Short Interest Up 333.0% in July

Chemring Group PLC (OTCMKTS:CMGMF) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 5,006 shares, an increase of 333.0% from the June 30th total of 1,156 shares. Based on an average daily trading volume, of 18,066 shares, the short-interest ratio is currently 0.3 days.

Chemring Group Stock Performance

Shares of Chemring Group stock opened at C$8.00 on Tuesday. The stock’s 50-day simple moving average is C$7.00 and its 200-day simple moving average is C$7.06. Chemring Group has a 52 week low of C$5.95 and a 52 week high of C$8.06.

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.