QinetiQ Group plc (OTCMKTS:QNTQF) Short Interest Up 325.8% in March

QinetiQ Group plc (OTCMKTS:QNTQF) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 173,289 shares, an increase of 325.8% from the February 26th total of 40,695 shares. Based on an average trading volume of 206 shares, the days-to-cover ratio is currently 841.2 days. Based on an average trading volume of 206 shares, the days-to-cover ratio is currently 841.2 days.

QinetiQ Group Stock Performance

QNTQF stock opened at $6.70 on Wednesday. QinetiQ Group has a 52 week low of $4.44 and a 52 week high of $7.72. The company’s 50-day simple moving average is $6.77 and its 200 day simple moving average is $6.41.

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.