Techtronic Industries Co. (OTCMKTS:TTNDY – Get Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 21,601 shares, an increase of 139.6% from the April 30th total of 9,015 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 69,513 shares, the short-interest ratio is currently 0.3 days.
Techtronic Industries Stock Performance
Shares of OTCMKTS TTNDY traded up $1.28 during trading on Friday, reaching $74.40. 24,561 shares of the stock traded hands, compared to its average volume of 47,339. The company has a quick ratio of 0.79, a current ratio of 1.67 and a debt-to-equity ratio of 0.09. Techtronic Industries has a 52-week low of $53.20 and a 52-week high of $81.34. The company has a 50-day moving average of $72.13 and a 200-day moving average of $67.95.
Wall Street Analyst Weigh In
Separately, Zacks Research lowered Techtronic Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Techtronic Industries has a consensus rating of “Buy”.
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.
See Also
- Five stocks we like better than Techtronic Industries
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Receive News & Ratings for Techtronic Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Techtronic Industries and related companies with MarketBeat.com's FREE daily email newsletter.
