QinetiQ Group plc (OTCMKTS:QNTQY) Short Interest Update

QinetiQ Group plc (OTCMKTS:QNTQY) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 4,244 shares, a decrease of 43.0% from the April 30th total of 7,444 shares. Based on an average trading volume of 1,223 shares, the short-interest ratio is currently 3.5 days.

QinetiQ Group Stock Down 4.2%

QNTQY stock opened at $24.90 on Thursday. The business has a 50 day moving average of $24.90 and a 200-day moving average of $25.41. QinetiQ Group has a 12-month low of $21.32 and a 12-month high of $31.77.

QinetiQ Group Company Profile

QinetiQ Group is a defense technology and services company headquartered in Farnborough, United Kingdom. The company’s core business centers on research, development and innovation across aerospace, defense, security and energy markets. QinetiQ provides end-to-end capabilities including test and evaluation services, systems engineering, consultancy and training, supporting platforms and systems from concept through deployment.

Established in 2001 following the privatization of the UK’s Defence Evaluation and Research Agency (DERA), QinetiQ has expanded its footprint to key locations in the United States, Australia and Europe.