Short Interest in QinetiQ Group plc (OTCMKTS:QNTQF) Drops By 75.9%

QinetiQ Group plc (OTCMKTS:QNTQF) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 35,552 shares, a drop of 75.9% from the January 15th total of 147,763 shares. Based on an average daily volume of 322 shares, the short-interest ratio is presently 110.4 days. Based on an average daily volume of 322 shares, the short-interest ratio is presently 110.4 days.

QinetiQ Group Stock Performance

Shares of OTCMKTS QNTQF opened at $6.65 on Friday. QinetiQ Group has a 1 year low of $4.44 and a 1 year high of $7.72. The company’s 50-day moving average is $6.22 and its 200 day 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.