TT Electronics PLC (OTCMKTS:TTGPF) Short Interest Down 95.6% in July

TT Electronics PLC (OTCMKTS:TTGPF) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, a decrease of 95.6% from the July 15th total of 2,268 shares. Based on an average daily volume of 15,073 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

TT Electronics Stock Performance

TTGPF stock remained flat at $1.79 during mid-day trading on Tuesday. The company has a current ratio of 1.71, a quick ratio of 0.97 and a debt-to-equity ratio of 0.68. TT Electronics has a 52-week low of $1.28 and a 52-week high of $2.05. The firm’s fifty day simple moving average is $1.58 and its 200 day simple moving average is $1.52.

Analyst Ratings Changes

Separately, Berenberg Bank upgraded shares of TT Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

About TT Electronics

TT Electronics plc is a global provider of engineered electronics for performance-critical applications. The company develops and manufactures a range of sensors, precision resistors, magnetics and power modules, as well as connectors and cable assemblies. Its solutions support industries such as transportation, medical devices, industrial automation, defense and aerospace.

Operating from manufacturing and design centers across Europe, North America and Asia, TT Electronics serves a diverse international customer base.