Chemring Group PLC (OTCMKTS:CMGMF – Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 12,917 shares, an increase of 600.5% from the September 30th total of 1,844 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Chemring Group Stock Performance
Shares of CMGMF opened at C$7.00 on Wednesday. The stock has a 50 day moving average of C$7.32 and a 200-day moving average of C$7.22. Chemring Group has a 52 week low of C$5.95 and a 52 week high of C$8.59.
Chemring Group Company Profile
Chemring Group plc is a United Kingdom-based defense and security company that develops and manufactures specialized technologies for military and government customers. Its activities are organized primarily around sensors and information, countermeasures, and energetics.
The company supplies systems and equipment used for threat detection, electronic warfare, missile warning, signature management, and battlefield protection. Its products also include aircraft and naval countermeasures, pyrotechnic devices, propellants, warheads, and other energetic materials used in defense applications.
Chemring serves customers in the United Kingdom, the United States, and other allied countries through a network of operating companies and international facilities.
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