Short Interest in Qt Group Oyj (OTCMKTS:QTGPF) Rises By 20.3%

Qt Group Oyj (OTCMKTS:QTGPF) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 213,100 shares, an increase of 20.3% from the August 15th total of 177,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2,131.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2,131.0 days.

Qt Group Oyj Stock Performance

QTGPF opened at $54.74 on Friday. The business has a 50 day moving average of $58.14 and a 200-day moving average of $70.64. Qt Group Oyj has a 52 week low of $52.98 and a 52 week high of $98.00.

About Qt Group Oyj

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.