Stocks

Techtronic Industries Company Limited (OTCMKTS:TTNDY) Short Interest Update

Published December 12, 2024

Techtronic Industries Company Limited (OTCMKTS:TTNDY) experienced a notable decrease in short interest during the month of November. By November 30th, the total short interest stood at 26,300 shares, representing a significant decline of 45.5% compared to the 48,300 shares reported on November 15th. Given the average daily trading volume of 64,800 shares, the current short-interest ratio is 0.4 days.

Techtronic Industries Trading Down 3.6%

On a recent trading day, shares of Techtronic Industries (OTCMKTS: TTNDY) fell by 3.6%, decreasing by $2.60 to reach a price of $69.94. During this session, 37,741 shares were traded, which is lower than the average trading volume of 61,547 shares. Over the past year, Techtronic Industries has seen a low of $49.45 and a high of $78.85. Currently, the company has a fifty-day moving average price of $71.67 and a 200-day moving average price of $66.78.

About Techtronic Industries

Techtronic Industries Company Limited specializes in the design, manufacture, and marketing of various products including power tools, outdoor power equipment, and floorcare and cleaning products. The company operates across multiple regions including North America and Europe. It is organized into two main segments: Power Equipment and Floorcare & Cleaning. Techtronic Industries provides a range of products under several well-known brands including MILWAUKEE, RYOBI, HOMELITE, and AEG, catering to both individual consumers and original equipment manufacturer (OEM) clients.

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Should you invest $1,000 in Techtronic Industries right now?

Before making any investment decisions regarding Techtronic Industries, it’s important to evaluate current market sentiments. Market analysts daily monitor the performance of top-rated stocks. Presently, Techtronic Industries holds a "Hold" rating, suggesting that other stocks might present a more attractive investment opportunity compared to Techtronic. Investors are encouraged to explore and consider alternative stocks that analysts favor more highly.

Techtronic, Stocks, ShortInterest