Short Interest in Chemring Group PLC (OTCMKTS:CMGMF) Declines By 91.1%

Chemring Group PLC (OTCMKTS:CMGMF) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,156 shares, a decrease of 91.1% from the June 15th total of 12,989 shares. Based on an average daily volume of 268 shares, the days-to-cover ratio is currently 4.3 days.

Chemring Group Price Performance

Chemring Group stock remained flat at C$7.21 during trading hours on Friday. The stock has a fifty day moving average price of C$6.82 and a 200-day moving average price of C$6.94. Chemring Group has a 1 year low of C$5.95 and a 1 year high of C$7.80.

About Chemring Group

Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services.