Chemring Group PLC (OTCMKTS:CMGMF) Short Interest Update

Chemring Group PLC (OTCMKTS:CMGMF – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 8,143 shares, a decline of 61.7% from the August 15th total of 21,266 shares. Based on an average daily trading volume, of 2,718 shares, the days-to-cover ratio is currently 3.0 days.

Chemring Group Price Performance

OTCMKTS:CMGMF remained flat at C$7.20 during midday trading on Friday. The company’s 50 day moving average is C$7.83 and its 200-day moving average is C$7.27. Chemring Group has a 1-year low of C$5.95 and a 1-year high of C$8.59.

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About Chemring Group

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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.

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