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

Techtronic Industries Company Limited (OTCMKTS:TTNDY - Get Free Report) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 112,000 shares, an increase of 55,900.0% from the April 30th total of 200 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 188,700 shares, the days-to-cover ratio is presently 0.6 days.

Techtronic Industries Trading Down 3.8%

Shares of OTCMKTS TTNDY traded down $2.19 during trading on Friday, reaching $55.54. The company had a trading volume of 117,630 shares, compared to its average volume of 90,175. Techtronic Industries has a 12-month low of $44.44 and a 12-month high of $78.85. The business's 50-day moving average is $53.66 and its 200 day moving average is $62.35. The company has a current ratio of 1.54, a quick ratio of 0.76 and a debt-to-equity ratio of 0.26.

Techtronic Industries Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, July 7th. Stockholders of record on Monday, May 19th will be paid a $0.7402 dividend. This is a boost from Techtronic Industries's previous dividend of $0.67. This represents a dividend yield of 2.37%. The ex-dividend date is Friday, May 16th.

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.