QinetiQ Group plc (OTCMKTS:QNTQY) Short Interest Down 78.9% in February

QinetiQ Group plc (OTCMKTS:QNTQY) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 400 shares, a drop of 78.9% from the January 31st total of 1,900 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 0.4 days.

QinetiQ Group Stock Up 1.0 %

Shares of OTCMKTS QNTQY traded up $0.21 during trading hours on Friday, hitting $21.09. The company’s stock had a trading volume of 4,510 shares, compared to its average volume of 4,930. QinetiQ Group has a 12 month low of $17.64 and a 12 month high of $25.70. The business has a 50-day simple moving average of $19.84 and a 200-day simple moving average of $22.13.

QinetiQ Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 21st. Investors of record on Friday, January 10th were paid a $0.1197 dividend. The ex-dividend date of this dividend was Friday, January 10th. QinetiQ Group’s payout ratio is presently -89.08%.

QinetiQ Group Company Profile

QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in the United Kingdom, the United States, Australia, Europe, and internationally. The company operates through EMEA Services and Global Products segments. It offers advanced materials and manufacturing products; artificial intelligence, analytics, and advanced computing technologies; cyber and electromagnetic technologies; human protection and performance systems; novel systems, and weapons and effects; platform and system design and assessment products; power sources, and energy storage and distribution products; robotics and autonomy services; secure communications and navigation systems; and sensing, processing, and data fusion systems.