Short Interest in Techtronic Industries Company Limited (OTCMKTS:TTNDY) Declines By 54.0%

Techtronic Industries Company Limited (OTCMKTS:TTNDY) was the recipient of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 23,100 shares, a drop of 54.0% from the December 15th total of 50,200 shares. Based on an average daily volume of 128,800 shares, the short-interest ratio is currently 0.2 days.

Techtronic Industries Stock Performance

Shares of Techtronic Industries stock traded up $2.53 during midday trading on Thursday, hitting $64.83. The company’s stock had a trading volume of 54,181 shares, compared to its average volume of 51,148. Techtronic Industries has a 1-year low of $51.80 and a 1-year high of $78.85. The stock has a 50-day simple moving average of $67.71 and a 200-day simple moving average of $67.59.

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.