Techtronic Industries Company Limited (OTCMKTS:TTNDY) Sees Significant Drop in Short Interest

Techtronic Industries Company Limited (OTCMKTS:TTNDY) was the target of a significant decline in short interest in November. As of November 15th, there was short interest totalling 48,300 shares, a decline of 69.0% from the October 31st total of 155,900 shares. Based on an average daily volume of 92,800 shares, the days-to-cover ratio is currently 0.5 days.

Techtronic Industries Trading Down 1.6 %

OTCMKTS:TTNDY traded down $1.07 during midday trading on Wednesday, reaching $67.80. 40,896 shares of the stock traded hands, compared to its average volume of 91,741. Techtronic Industries has a 12-month low of $49.01 and a 12-month high of $78.85. The business has a 50-day moving average of $72.40 and a two-hundred day moving average of $66.48.

Techtronic Industries Company Profile

Techtronic Industries Company Limited engages in the design, manufacture, and marketing of power tools, outdoor power equipment, and floorcare and cleaning products in the North America, Europe, and internationally. The company operates through Power Equipment, and Floorcare & Cleaning Segments. It offers power tools, power tool accessories, outdoor products, and outdoor product accessories under the MILWAUKEE, EMPIRE, AEG, RYOBI, HOMELITE, and HART brands, as well as to original equipment manufacturer (OEM) customers.