QinetiQ Group plc (OTCMKTS:QNTQY) Short Interest Update

QinetiQ Group plc (OTCMKTS:QNTQY) was the target 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 short-interest ratio is currently 0.4 days.

QinetiQ Group Stock Performance

QNTQY stock traded down $0.32 during midday trading on Thursday, reaching $20.52. The stock had a trading volume of 1,495 shares, compared to its average volume of 5,084. The firm has a fifty day simple moving average of $19.83 and a two-hundred day simple moving average of $22.16. QinetiQ Group has a 52-week low of $17.64 and a 52-week high of $25.70.

QinetiQ Group Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 21st. Stockholders of record on Friday, January 10th were issued a dividend of $0.1197 per share. The ex-dividend date of this dividend was Friday, January 10th. QinetiQ Group’s dividend payout ratio (DPR) is -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.