QinetiQ Group plc (OTCMKTS:QNTQF) Sees Significant Growth in Short Interest

QinetiQ Group plc (OTCMKTS:QNTQFGet Free Report) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,689,898 shares, an increase of 247.3% from the June 15th total of 486,527 shares. Based on an average daily volume of 1,415 shares, the days-to-cover ratio is currently 1,194.3 days.

QinetiQ Group Price Performance

Shares of OTCMKTS QNTQF opened at $6.20 on Monday. QinetiQ Group has a 52-week low of $5.09 and a 52-week high of $7.64. The firm has a fifty day moving average of $5.90 and a 200-day moving average of $6.26.

QinetiQ Group Company Profile

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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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