Techtronic Industries Co. (OTCMKTS:TTNDY) Sees Large Decrease in Short Interest

Techtronic Industries Co. (OTCMKTS:TTNDY) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 9,146 shares, a decrease of 39.6% from the August 15th total of 15,136 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 70,197 shares, the days-to-cover ratio is currently 0.1 days.

Techtronic Industries Price Performance

Shares of TTNDY stock opened at $81.82 on Friday. 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 current ratio of 1.67 and a quick ratio of 0.79. The stock has a 50 day moving average price of $85.61 and a 200 day moving average price of $78.36.

Techtronic Industries Company Profile

Techtronic Industries Co Ltd. is a Hong Kong-based manufacturer of power tools, outdoor power equipment, and floor-care products. The company develops and sells cordless and corded tools, accessories, gardening equipment, and cleaning appliances for professional tradespeople, industrial users, and consumers.

Its principal brands include Milwaukee, known for professional power tools and jobsite equipment; RYOBI, which serves consumer and do-it-yourself markets; and AEG, which offers power tools and outdoor equipment.