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14

Second Quarter 2016

2.0%

4.1%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

4.5%

Jul 2015 Aug 2015 Sep 2015 Oct 2015 Nov 2015 Dec 2015 Jan 2016 Feb 2016 Mar 2016 Apr 2016 May 2016 Jun 2016

Defense and Government Services

Aerospace

Short Interest

(US Aerospace, Defense and Gov. Services)

Last 52 Week Median Short Interest

Short Interest as of June 30, 2016

Source: Public Filings; Capital IQ as of 06/30/16

Defense and Government Services

4.7%

1.0%

0.8%

1.3%

1.2%

1.5%

2.4%

4.0%

2.5%

1.1%

2.5%

2.0%

20.4%

13.1%

0.2%

1.7%

1.5%

1.4%

5.6%

1.6%

3.3%

2.1%

3.7%

Aerospace

2.3%

9.1%

4.7%

4.1%

1.5%

9.5%

1.5%

2.7%

8.5%

2.9%

3.1%

6.1%

1.8%

5.3%

9.0%

2.3%

5.2%

2.9%

10.5%

4.7%

0.5%

1.4%

4.9%