Techtronic Industries Co. (OTCMKTS:TTNDY) Sees Significant Growth in Short Interest

by · The Markets Daily

Techtronic Industries Co. (OTCMKTS:TTNDY – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 82,331 shares, an increase of 800.2% from the August 31st total of 9,146 shares. Based on an average daily trading volume, of 126,208 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the company’s shares are short sold.

Techtronic Industries Stock Down 0.9%

TTNDY traded down $0.72 during midday trading on Thursday, hitting $81.84. The company’s stock had a trading volume of 29,463 shares, compared to its average volume of 58,716. The company has a quick ratio of 0.79, a current ratio of 1.67 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average price of $85.77 and a two-hundred day moving average price of $78.51. Techtronic Industries has a 52-week low of $53.51 and a 52-week high of $94.60.

Techtronic Industries Company Profile

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Techtronic Industries Co Ltd. is a Hong Kong-based manufacturer of power tools, outdoor power equipment, and floor-care products. The company develops and sells cordless and corded tools, accessories, gardening equipment, and cleaning appliances for professional tradespeople, industrial users, and consumers.

Its principal brands include Milwaukee, known for professional power tools and jobsite equipment; RYOBI, which serves consumer and do-it-yourself markets; and AEG, which offers power tools and outdoor equipment.

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