Techtronic Industries Company Limited (OTCMKTS:TTNDY) Sees Significant Growth in Short Interest

Techtronic Industries Company Limited (OTCMKTS:TTNDY - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 49,300 shares, a growth of 57.0% from the March 31st total of 31,400 shares. Based on an average trading volume of 108,400 shares, the days-to-cover ratio is presently 0.5 days.

Techtronic Industries Stock Up 1.5 %

Shares of TTNDY traded up $1.05 during trading hours on Friday, hitting $69.45. 23,546 shares of the stock traded hands, compared to its average volume of 38,471. The company has a current ratio of 1.49, a quick ratio of 0.63 and a debt-to-equity ratio of 0.31. Techtronic Industries has a 1-year low of $43.18 and a 1-year high of $70.78. The business has a fifty day moving average of $63.69 and a 200-day moving average of $56.25.

Techtronic Industries Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, May 17th will be paid a dividend of $0.6065 per share. The ex-dividend date of this dividend is Thursday, May 16th. This is a positive change from Techtronic Industries's previous dividend of $0.59.

About Techtronic Industries

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.