QinetiQ Group plc (OTCMKTS:QNTQY) Shares Shorted: Short Interest Up 273.2% in October

QinetiQ Group plc (OTCMKTS:QNTQY – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,195 shares, an increase of 273.2% from the September 30th total of 1,124 shares. Based on an average daily trading volume, of 2,145 shares, the days-to-cover ratio is currently 2.0 days.

QinetiQ Group Price Performance

OTCMKTS:QNTQY remained flat at $27.82 during midday trading on Wednesday. 498 shares of the company were exchanged, compared to its average volume of 3,888. The business has a 50 day moving average of $26.39 and a two-hundred day moving average of $26.20. QinetiQ Group has a 52 week low of $21.32 and a 52 week high of $31.35.

QinetiQ Group Company Profile

(Get Free Report)

QinetiQ Group plc is a United Kingdom-based defense and security technology company that provides testing, evaluation, engineering, and technology solutions to governments, armed forces, and other customers. Its work supports the development and operation of military systems across the air, land, sea, space, and cyber domains.

The company’s products and services include weapons and platform testing, mission systems, electronic warfare, cybersecurity, robotics, autonomous systems, advanced sensing, survivability solutions, and training and simulation services.

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