Short Interest in Techtronic Industries Co. (OTCMKTS:TTNDY) Decreases By 52.6%

Techtronic Industries Co. (OTCMKTS:TTNDY) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 26,389 shares, a decrease of 52.6% from the June 30th total of 55,715 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 123,610 shares, the days-to-cover ratio is currently 0.2 days.

Techtronic Industries Trading Up 1.1%

Shares of TTNDY opened at $83.18 on Thursday. Techtronic Industries has a 12 month low of $53.51 and a 12 month high of $84.41. The stock has a fifty day moving average price of $78.77 and a 200-day moving average price of $74.33. The company has a current ratio of 1.67, a quick ratio of 0.79 and a debt-to-equity ratio of 0.09.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut shares of Techtronic Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Techtronic Industries Company Profile

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.