Short Interest in Chemring Group PLC (OTCMKTS:CMGMF) Increases By 333.0%

Chemring Group PLC (OTCMKTS:CMGMF) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 5,006 shares, an increase of 333.0% from the June 30th total of 1,156 shares. Based on an average daily volume of 18,066 shares, the short-interest ratio is currently 0.3 days.

Chemring Group Stock Performance

Shares of Chemring Group stock opened at C$8.00 on Friday. The business has a 50 day moving average price of C$6.96 and a 200 day moving average price of C$7.04. Chemring Group has a 1 year low of C$5.95 and a 1 year high of C$8.06.

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.