QinetiQ Group plc (OTCMKTS:QNTQF – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 22,735 shares, a decline of 77.2% from the May 14th total of 99,828 shares. Based on an average daily trading volume, of 257 shares, the short-interest ratio is currently 88.5 days.
QinetiQ Group Price Performance
OTCMKTS:QNTQF opened at $6.38 on Wednesday. QinetiQ Group has a 1-year low of $5.09 and a 1-year high of $7.64. The business’s fifty day moving average price is $5.96 and its 200 day moving average price is $6.18.
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.
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