QinetiQ Group plc (OTCMKTS:QNTQY) Sees Large Decrease in Short Interest

QinetiQ Group plc (OTCMKTS:QNTQY) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 900 shares, a decrease of 30.8% from the November 30th total of 1,300 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 0.6 days.

QinetiQ Group Stock Up 1.4 %

QNTQY opened at $21.03 on Friday. QinetiQ Group has a twelve month low of $15.87 and a twelve month high of $25.70. The company has a 50-day simple moving average of $22.10 and a 200 day simple moving average of $23.39.

QinetiQ Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 10th will be given a dividend of $0.1197 per share. The ex-dividend date of this dividend is Friday, January 10th. QinetiQ Group’s dividend payout ratio is -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.