Techtronic Industries Company Limited (OTCMKTS:TTNDY) Sees Large Decrease in Short Interest

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

Techtronic Industries Stock Performance

TTNDY traded down $0.48 during trading on Wednesday, hitting $67.32. 87,608 shares of the company’s stock were exchanged, compared to its average volume of 57,011. Techtronic Industries has a fifty-two week low of $43.18 and a fifty-two week high of $73.19. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.63 and a current ratio of 1.49. The business’s 50 day moving average is $61.66 and its two-hundred day moving average is $63.13.

Techtronic Industries Increases Dividend

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