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

by · The Markets Daily

Techtronic Industries Company Limited (OTCMKTS:TTNDY – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 47,700 shares, a decrease of 67.6% from the September 30th total of 147,100 shares. Based on an average daily volume of 80,200 shares, the short-interest ratio is presently 0.6 days.

Techtronic Industries Stock Performance

Shares of Techtronic Industries stock traded up $1.40 during midday trading on Friday, reaching $73.76. The company had a trading volume of 141,602 shares, compared to its average volume of 58,388. The stock has a fifty day simple moving average of $71.23 and a 200 day simple moving average of $66.36. Techtronic Industries has a 1-year low of $44.72 and a 1-year high of $78.85.

Techtronic Industries Increases Dividend

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

About Techtronic Industries

(Get Free Report)

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.

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