Qt Group Oyj (OTCMKTS:QTGPF) Short Interest Down 28.3% in July

Qt Group Oyj (OTCMKTS:QTGPF) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 172,400 shares, adropof28.3% from the July 15th total of 240,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Qt Group Oyj Stock Up 3.3%

Shares of OTCMKTS:QTGPF opened at $54.74 on Friday. Qt Group Oyj has a 1-year low of $52.98 and a 1-year high of $98.00. The firm’s 50 day simple moving average is $62.86 and its two-hundred day simple moving average is $74.96.

Analyst Ratings Changes

Separately, Danske upgraded shares of Qt Group Oyj to a “buy” rating in a report on Friday, April 25th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Qt Group Oyj currently has an average rating of “Buy”.

Qt Group Oyj Company Profile

Qt Group Oyj offers cross-platform solutions for the software development lifecycle in Finland, Norway, Germany, the United States, Japan, China, South Korea, France, the United Kingdom, and India. The company offers Qt Design Studio, a UI composition tool that turns design visions into functional products; Qt Creator, a cross-platform integrated development environment for software development; Qt Framework that contains C++ library classes and APIs to simplify application development; Qt Quality Assurance tool, which allows user to perform cross-technology/device GUI testing, code coverage analysis of test framework, static code analysis, and checking of the compliance of software architecture; Qt Digital Advertising Platform that enables users to create a new revenue stream for product by serving ads to interactive UI application built on the platform; and Qt Insight, an analytics solution to provide real customer insights on the usage of application or device.