Qt Group Oyj (OTCMKTS:QTGPF) Sees Large Drop in Short Interest

Qt Group Oyj (OTCMKTS:QTGPF) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 169,400 shares, a decline of 19.9% from the January 15th total of 211,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Qt Group Oyj Price Performance

OTCMKTS QTGPF opened at $90.84 on Friday. The stock’s 50 day moving average is $72.77 and its 200 day moving average is $88.80. Qt Group Oyj has a 12 month low of $69.98 and a 12 month high of $100.00.

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.