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

Techtronic Industries Company Limited (OTCMKTS:TTNDY) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 49,300 shares, a growth of 57.0% from the March 31st total of 31,400 shares. Based on an average daily trading volume, of 108,400 shares, the short-interest ratio is presently 0.5 days.

Techtronic Industries Trading Up 1.5 %

Shares of Techtronic Industries stock traded up $1.05 during trading on Monday, hitting $69.45. The stock had a trading volume of 23,500 shares, compared to its average volume of 58,701. The business has a fifty day moving average of $63.69 and a two-hundred day moving average of $56.31. Techtronic Industries has a fifty-two week low of $43.18 and a fifty-two week high of $70.78. The company has a current ratio of 1.49, a quick ratio of 0.63 and a debt-to-equity ratio of 0.31.

Techtronic Industries Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, May 17th will be given a dividend of $0.6065 per share. This is a positive change from Techtronic Industries’s previous dividend of $0.59. The ex-dividend date is Thursday, May 16th.

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.