QinetiQ Group plc·Industrials

QinetiQ Group plc (OTCMKTS:QNTQF - Get Free Report) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 15,837 shares, a drop of 55.5% from the January 29th total of 35,552 shares. Based on an average trading volume of 620 shares,

British defence and security group QinetiQ said on Tuesday it is aligning its U.S. business to the administration's priorities, after President Donald Trump's recent call for sweeping changes to America's defense industry.

QinetiQ Group PLC (LSE:QQ.) said it is on track to meet its financial goals for the year despite what it described as “near-term spending uncertainty” in its core markets.
QinetiQ Group plc operates as a science and engineering company primarily in the defense, security, and infrastructure markets in 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; maritime 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. The company also provides testing and evaluation, training and simulation, and cyber and digital resilience services, as well as unmanned air, land, and surface targets. It serves defense, aviation and aerospace, energy and utility, financial services, government, law enforcement, marine, space, and telecommunications sectors. The company was founded in 2001 and is based in Farnborough, the United Kingdom.
Industrials
Aerospace & Defense
8,500
2006-04-20
0.35