TT Electronics PLC (OTCMKTS:TTGPF) Stock Short Interest Declines 46.3%

TT Electronics PLC (OTCMKTS:TTGPF) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 966 shares, a decrease of 46.3% from the September 30th total of 1,800 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days. Approximately 0.0% of the company’s stock are short sold.

TT Electronics Stock Performance

TTGPF opened at $2.44 on Friday. The business has a 50 day moving average price of $2.24 and a 200 day moving average price of $1.71. TT Electronics has a twelve month low of $1.28 and a twelve month high of $2.44.

Analyst Ratings Changes

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of TT Electronics in a research note on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

TT Electronics Company Profile

TT Electronics plc is a United Kingdom-based provider of engineered electronics for critical applications. The company designs and manufactures electronic components, assemblies and systems used where reliability, performance and precision are important.

Its products and services include sensors, power-management solutions, connectivity technologies, electronic assemblies and manufacturing services. TT Electronics serves customers in markets such as healthcare, aerospace and defense, automation, electrification and transportation, helping them develop and manufacture products for demanding operating environments.

The company traces its origins to 1906 and has developed into an international business serving customers across North America, Europe and Asia.