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Jun 23, 2023

Techtronic Industries Company Limited (OTCMKTS:TTNDY) Short Interest Up 74.8% in July

Techtronic Industries Company Limited (OTCMKTS:TTNDY - Get Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totalling 47,900 shares, an increase of 74.8% from the June 30th total of 27,400 shares. Based on an average daily volume of 69,400 shares, the short-interest ratio is currently 0.7 days.

TTNDY stock traded down $0.53 during trading hours on Friday, reaching $55.20. 15,113 shares of the stock were exchanged, compared to its average volume of 24,209. The firm's 50-day moving average is $52.08 and its 200-day moving average is $55.17. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.37 and a quick ratio of 0.55. Techtronic Industries has a 12 month low of $44.87 and a 12 month high of $69.90.

The company also recently announced a dividend, which was paid on Monday, July 17th. Investors of record on Wednesday, May 17th were paid a $0.5533 dividend. The ex-dividend date of this dividend was Tuesday, May 16th. This represents a yield of 2.13%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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