Techtronic Industries Co. (OTCMKTS:TTNDY) Sees Significant Growth in Short Interest

Techtronic Industries Co. (OTCMKTS:TTNDY) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 40,659 shares, an increase of 209.8% from the May 31st total of 13,123 shares. Based on an average daily volume of 69,383 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are short sold.

Techtronic Industries Stock Down 0.2%

Shares of OTCMKTS:TTNDY opened at $81.61 on Friday. Techtronic Industries has a 12 month low of $53.51 and a 12 month high of $82.26. The company has a current ratio of 1.67, a quick ratio of 0.79 and a debt-to-equity ratio of 0.09. The company’s fifty day moving average price is $75.19 and its 200 day moving average price is $70.57.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of Techtronic Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Techtronic Industries presently has an average rating of “Hold”.

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.