Short Interest in Techtronic Industries Co. (OTCMKTS:TTNDY) Increases By 139.6%

Techtronic Industries Co. (OTCMKTS:TTNDY) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 21,601 shares, a growth of 139.6% from the April 30th total of 9,015 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 69,513 shares, the days-to-cover ratio is currently 0.3 days.

Techtronic Industries Trading Down 1.9%

Shares of Techtronic Industries stock traded down $1.45 on Tuesday, hitting $72.95. The company had a trading volume of 32,059 shares, compared to its average volume of 47,413. Techtronic Industries has a 1 year low of $53.20 and a 1 year high of $81.34. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.79 and a current ratio of 1.67. The stock has a 50 day moving average of $72.22 and a 200-day moving average of $68.11.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Techtronic Industries from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Techtronic Industries presently has a consensus rating of “Buy”.

About Techtronic Industries

Techtronic Industries Company Limited (TTI) is a Hong Kong‑based global manufacturer and marketer of tools and equipment for professional, industrial and consumer markets. The company develops and sells power tools, outdoor power equipment, hand tools, accessories and floorcare products. TTI’s product strategy emphasizes cordless and battery‑powered platforms, integrating advanced battery chemistry and brushless motor technology to serve trade professionals and DIY consumers seeking portable, high‑performance solutions.

TTI markets its products through a portfolio of well‑known brands and a broad distribution network that includes wholesalers, home improvement retailers, specialist dealerships and online channels.