Techtronic Industries Co. (OTCMKTS:TTNDY) Short Interest Update

Techtronic Industries Co. (OTCMKTS:TTNDY) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 12,769 shares, a drop of 51.6% from the July 15th total of 26,389 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 95,587 shares, the short-interest ratio is currently 0.1 days.

Techtronic Industries Stock Performance

Shares of TTNDY stock opened at $89.56 on Tuesday. The firm has a fifty day moving average of $82.70 and a 200-day moving average of $76.62. Techtronic Industries has a 52-week low of $53.51 and a 52-week high of $94.60. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.79 and a current ratio of 1.67.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Techtronic Industries from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Techtronic Industries

Techtronic Industries Company Limited (TTI) is a Hong Kong?based global manufacturer and marketer of tools and equipment for professional, industrial and consumer markets. The company develops and sells power tools, outdoor power equipment, hand tools, accessories and floorcare products. TTI’s product strategy emphasizes cordless and battery?powered platforms, integrating advanced battery chemistry and brushless motor technology to serve trade professionals and DIY consumers seeking portable, high?performance solutions.

TTI markets its products through a portfolio of well?known brands and a broad distribution network that includes wholesalers, home improvement retailers, specialist dealerships and online channels.