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

Techtronic Industries Company Limited (OTCMKTS:TTNDY) was the recipient of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 42,300 shares, a decrease of 67.7% from the July 31st total of 130,800 shares. Based on an average daily trading volume, of 76,600 shares, the days-to-cover ratio is presently 0.6 days.

Techtronic Industries Stock Performance

Shares of OTCMKTS TTNDY traded down $0.48 on Wednesday, reaching $67.32. 91,415 shares of the company’s stock traded hands, compared to its average volume of 57,034. The business’s 50 day simple moving average is $61.66 and its two-hundred day simple moving average is $63.13. Techtronic Industries has a 12 month low of $43.18 and a 12 month high of $73.19. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.49 and a quick ratio of 0.63.

Techtronic Industries Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, September 30th. Shareholders of record on Wednesday, September 4th will be issued a $0.6732 dividend. This is an increase from Techtronic Industries’s previous dividend of $0.61. The ex-dividend date of this dividend is Wednesday, September 4th.

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.