Chemring Group PLC (OTCMKTS:CMGMF) Short Interest Update

Chemring Group PLC (OTCMKTS:CMGMF) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 8,143 shares, a decrease of 61.7% from the August 15th total of 21,266 shares. Based on an average daily trading volume, of 2,718 shares, the days-to-cover ratio is currently 3.0 days.

Chemring Group Stock Performance

Chemring Group stock opened at C$7.20 on Tuesday. Chemring Group has a 12-month low of C$5.95 and a 12-month high of C$8.59. The business’s 50-day moving average price is C$7.82 and its two-hundred day moving average price is C$7.28.

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.