Short Interest in Techtronic Industries Company Limited (OTCMKTS:TTNDY) Declines By 67.6%

Techtronic Industries Company Limited (OTCMKTS:TTNDY) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 47,700 shares, a decline of 67.6% from the September 30th total of 147,100 shares. Based on an average daily trading volume, of 80,200 shares, the days-to-cover ratio is presently 0.6 days.

Techtronic Industries Stock Performance

TTNDY stock traded down $0.08 during trading hours on Friday, hitting $72.36. The company’s stock had a trading volume of 88,359 shares, compared to its average volume of 57,984. The stock has a 50 day moving average price of $71.10 and a two-hundred day moving average price of $66.32. Techtronic Industries has a 12 month low of $44.71 and a 12 month high of $78.85.

Techtronic Industries Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 4th were issued a $0.6732 dividend. The ex-dividend date was Wednesday, September 4th. This is a positive change from Techtronic Industries’s previous dividend of $0.61.

Techtronic Industries Company Profile

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.