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

Techtronic Industries Company Limited (OTCMKTS:TTNDY - Get Free Report) saw a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 44,200 shares, a decline of 60.5% from the May 15th total of 112,000 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 141,400 shares, the days-to-cover ratio is presently 0.3 days.

Techtronic Industries Price Performance

TTNDY stock traded down $0.24 during midday trading on Monday, hitting $56.80. 267,328 shares of the company's stock were exchanged, compared to its average volume of 88,701. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.54 and a quick ratio of 0.76. The firm has a 50 day moving average price of $54.37 and a 200-day moving average price of $61.50. Techtronic Industries has a 12-month low of $44.44 and a 12-month high of $78.85.

Techtronic Industries Increases Dividend

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

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.