Chemring Group PLC (OTCMKTS:CMGMF – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 12,917 shares, a growth of 600.5% from the September 30th total of 1,844 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Chemring Group Stock Performance
Chemring Group stock opened at C$7.00 on Tuesday. The firm’s 50 day moving average price is C$7.35 and its two-hundred day moving average price is C$7.22. Chemring Group has a twelve month low of C$5.95 and a twelve month high of C$8.59.
About Chemring Group
Chemring Group plc is a United Kingdom-based defense and security company that develops and manufactures specialized technologies for military and government customers. Its activities are organized primarily around sensors and information, countermeasures, and energetics.
The company supplies systems and equipment used for threat detection, electronic warfare, missile warning, signature management, and battlefield protection. Its products also include aircraft and naval countermeasures, pyrotechnic devices, propellants, warheads, and other energetic materials used in defense applications.
Chemring serves customers in the United Kingdom, the United States, and other allied countries through a network of operating companies and international facilities.
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