Chemring Group PLC (OTCMKTS:CMGMF) Short Interest Up 117.4% in April

Chemring Group PLC (OTCMKTS:CMGMF) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 3,409 shares, a growth of 117.4% from the April 15th total of 1,568 shares. Based on an average daily volume of 528 shares, the days-to-cover ratio is presently 6.5 days.

Chemring Group Stock Down 5.6%

Shares of OTCMKTS CMGMF opened at C$6.24 on Friday. Chemring Group has a 1 year low of C$5.95 and a 1 year high of C$8.03. The firm’s 50-day moving average is C$7.14 and its 200-day moving average is C$6.93.

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.