Techtronic Industries Company Limited (OTCMKTS:TTNDY) Short Interest Report

Techtronic Industries Company Limited (OTCMKTS:TTNDY) experienced a notable decrease in short interest throughout November. As of November 30th, the total short interest amounted to 26,300 shares, reflecting a significant decline of 45.5% from the short interest of 48,300 shares recorded on November 15th. Given the average daily trading volume of 64,800 shares, the current short-interest ratio stands at 0.4 days.

Recent Trading Activity

On Thursday, shares of Techtronic Industries (OTCMKTS: TTNDY) fell by 3.6%, trading down $2.60 to reach $69.94. During this trading session, a total of 37,741 shares changed hands, which is slightly below the average trading volume of 61,547 shares. Over the last year, Techtronic Industries has seen a low point of $49.45 and a high of $78.85. The company also maintains a fifty-day moving average price of $71.67 and a two-hundred-day moving average of $66.78.

Overview of Techtronic Industries

Techtronic Industries Company Limited is engaged in the design, manufacturing, and marketing of various products including power tools, outdoor power equipment, and cleaning products. The company operates in North America, Europe, and globally. Its business is divided into two main segments: Power Equipment and Floorcare & Cleaning. Techtronic provides a range of products under well-known brands such as RYOBI, MILWAUKEE, HOMELITE, and others, in addition to supplying original equipment manufacturer (OEM) clients.

Conclusion and Investment Consideration

As of now, Techtronic Industries has a "Hold" rating among analysts. Potential investors might want to consider looking into other stocks that are currently recommended more favorably by top research analysts. While Techtronic Industries remains a significant player in its sector, its recent performance and ratings suggest that there could be other promising investment opportunities.

Techtronic, Stocks, ShortInterest