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

Techtronic Industries Company Limited (OTCMKTS:TTNDY) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 50,200 shares, a growth of 90.9% from the November 30th total of 26,300 shares. Based on an average daily volume of 108,500 shares, the days-to-cover ratio is currently 0.5 days.

Techtronic Industries Price Performance

Shares of OTCMKTS TTNDY traded up $0.03 during midday trading on Friday, hitting $66.23. 33,290 shares of the company’s stock traded hands, compared to its average volume of 62,019. Techtronic Industries has a 1 year low of $51.80 and a 1 year high of $78.85. The firm has a fifty day moving average of $70.01 and a 200 day moving average of $67.11.

About Techtronic Industries

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.