Short Interest in Qt Group Oyj (OTCMKTS:QTGPF) Declines By 17.5%

Qt Group Oyj (OTCMKTS:QTGPF) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 151,500 shares, a decline of 17.5% from the February 13th total of 183,600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 1,515.0 days.

Qt Group Oyj Price Performance

OTCMKTS:QTGPF remained flat at $86.18 during mid-day trading on Wednesday. Qt Group Oyj has a 52-week low of $69.98 and a 52-week high of $100.00. The company’s 50 day moving average is $79.61 and its 200-day moving average is $87.69.

About Qt Group Oyj

Qt Group Oyj offers cross-platform solutions for the software development lifecycle in Finland, Norway, Germany, the United States, Japan, China, South Korea, France, the United Kingdom, and India. The company offers Qt Design Studio, a UI composition tool that turns design visions into functional products; Qt Creator, a cross-platform integrated development environment for software development; Qt Framework that contains C++ library classes and APIs to simplify application development; Qt Quality Assurance tool, which allows user to perform cross-technology/device GUI testing, code coverage analysis of test framework, static code analysis, and checking of the compliance of software architecture; Qt Digital Advertising Platform that enables users to create a new revenue stream for product by serving ads to interactive UI application built on the platform; and Qt Insight, an analytics solution to provide real customer insights on the usage of application or device.