QinetiQ Group plc (OTCMKTS:QNTQF – Get Free Report) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 22,735 shares, a decline of 77.2% from the May 14th total of 99,828 shares. Based on an average daily trading volume, of 257 shares, the days-to-cover ratio is currently 88.5 days.
QinetiQ Group Stock Performance
Shares of QinetiQ Group stock opened at $6.38 on Wednesday. QinetiQ Group has a 52-week low of $5.09 and a 52-week high of $7.64. The stock has a 50-day simple moving average of $5.96 and a 200-day simple moving average of $6.18.
About QinetiQ Group
QinetiQ Group plc (OTCMKTS:QNTQF) is a UK-based defence technology company that delivers research, development and advisory services to military, security and civil customers worldwide. Headquartered in Farnborough, England, QinetiQ provides a blend of systems integration, test and evaluation, consultancy and managed services spanning land, sea, air and cyber domains.
The company’s core activities encompass advanced aeronautics and space testing, sensor and communications development, autonomous systems and robotics, as well as cybersecurity and resilience solutions.
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