Techtronic Industries Co. (OTCMKTS:TTNDY – Get Free Report) was the recipient of a significant 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 trading volume of 69,383 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded shares of Techtronic Industries from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on Techtronic Industries
Techtronic Industries Stock Performance
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.
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