Short Interest in QinetiQ Group plc (OTCMKTS:QNTQY) Decreases By 78.9%

QinetiQ Group plc (OTCMKTS:QNTQY) saw a large drop in short interest in 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 trading volume of 900 shares, the days-to-cover ratio is currently 0.4 days.

QinetiQ Group Price Performance

QinetiQ Group stock traded up $0.36 during trading hours on Friday, hitting $20.88. The stock had a trading volume of 1,672 shares, compared to its average volume of 4,949. The business’s 50 day simple moving average is $19.84 and its 200-day simple moving average is $22.15. QinetiQ Group has a one year low of $17.64 and a one year high of $25.70.

QinetiQ Group Cuts Dividend

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

About QinetiQ Group

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.