Short Interest in QinetiQ Group plc (OTCMKTS:QNTQY) Grows By 1,650.0%

QinetiQ Group plc (OTCMKTS:QNTQY) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 7,000 shares, a growth of 1,650.0% from the February 13th total of 400 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 2.1 days.

QinetiQ Group Stock Down 0.2 %

Shares of OTCMKTS QNTQY traded down $0.05 during midday trading on Wednesday, reaching $27.80. The company’s stock had a trading volume of 8,919 shares, compared to its average volume of 6,801. QinetiQ Group has a one year low of $17.64 and a one year high of $28.00. The company has a 50 day moving average price of $20.71 and a 200 day moving average price of $22.20.

QinetiQ Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, January 10th were given a dividend of $0.1197 per share. The ex-dividend date of this dividend was Friday, January 10th. QinetiQ Group’s dividend payout ratio (DPR) is presently -89.08%.

About QinetiQ Group

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.