TT Electronics plc (OTCMKTS:TTGPF) Short Interest Update

TT Electronics plc (OTCMKTS:TTGPF) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,400 shares, a growth of 16.7% from the August 15th total of 1,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analysts Forecast Growth

Separately, Barclays raised TT Electronics to a “strong-buy” rating in a report on Friday, August 9th.

TT Electronics Trading Up 4.6 %

TTGPF stock traded up $0.08 during midday trading on Friday, hitting $1.83. 1,000 shares of the company traded hands, compared to its average volume of 5,676. TT Electronics has a twelve month low of $1.47 and a twelve month high of $2.22. The business has a 50 day simple moving average of $1.61 and a 200-day simple moving average of $1.72.

TT Electronics Company Profile

TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.