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

Techtronic Industries Company Limited (OTCMKTS:TTNDY) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 155,900 shares, an increase of 226.8% from the October 15th total of 47,700 shares. Based on an average trading volume of 275,700 shares, the days-to-cover ratio is currently 0.6 days.

Techtronic Industries Stock Down 0.7 %

Shares of Techtronic Industries stock traded down $0.49 on Tuesday, reaching $69.22. The company’s stock had a trading volume of 35,445 shares, compared to its average volume of 62,932. Techtronic Industries has a 52-week low of $47.03 and a 52-week high of $78.85. The stock has a 50-day moving average price of $72.25 and a 200-day moving average price of $66.63.

Techtronic Industries Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 4th were issued a $0.6732 dividend. The ex-dividend date was Wednesday, September 4th. This is a positive change from Techtronic Industries’s previous dividend of $0.61.

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.