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

Techtronic Industries Co. (OTCMKTS:TTNDY – Get Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 40,659 shares, a growth of 209.8% from the May 31st total of 13,123 shares. Based on an average trading volume of 69,383 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the company’s shares are sold short.

Analysts Set New Price Targets

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

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Techtronic Industries Trading Down 0.2%

Shares of OTCMKTS TTNDY opened at $81.61 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.79 and a current ratio of 1.67. The stock’s 50-day moving average is $75.19 and its two-hundred day moving average is $70.57. Techtronic Industries has a 1-year low of $53.51 and a 1-year high of $82.26.

Techtronic Industries Company Profile

(Get Free Report)

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.

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