Short Interest in QinetiQ Group plc (OTCMKTS:QNTQF) Declines By 26.7%

QinetiQ Group plc (OTCMKTS:QNTQF) saw a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 127,043 shares, a drop of 26.7% from the March 15th total of 173,289 shares. Based on an average daily volume of 556 shares, the short-interest ratio is currently 228.5 days.

QinetiQ Group Stock Performance

OTCMKTS QNTQF remained flat at $6.00 during trading on Wednesday. 2,724 shares of the company’s stock were exchanged, compared to its average volume of 1,937. The business’s fifty day moving average is $6.56 and its two-hundred day moving average is $6.36. QinetiQ Group has a one year low of $4.80 and a one year high of $7.72.

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.