Techtronic Industries Company Limited (OTCMKTS:TTNDY) Sees Large Growth in Short Interest

Techtronic Industries Company Limited (OTCMKTS:TTNDY) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 27,000 shares, an increase of 771.0% from the February 28th total of 3,100 shares. Based on an average daily volume of 106,400 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Techtronic Industries Price Performance

Shares of OTCMKTS:TTNDY opened at $61.90 on Friday. Techtronic Industries has a 12-month low of $55.11 and a 12-month high of $78.85. The business has a fifty day simple moving average of $66.37 and a 200 day simple moving average of $68.77. The company has a quick ratio of 0.76, a current ratio of 1.54 and a debt-to-equity ratio of 0.26.

Techtronic Industries Company Profile

Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products in the North America, Europe, and internationally. The company operates through Power Equipment, and Floorcare & Cleaning Segments. It offers power tools, power tool accessories, outdoor products, and outdoor product accessories under the MILWAUKEE, EMPIRE, AEG, RYOBI, HOMELITE, and HART brands, as well as to original equipment manufacturer (OEM) customers.