Short Interest in Techtronic Industries Company Limited (OTCMKTS:TTNDY) Declines By 60.5%

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

Techtronic Industries Price Performance

Shares of OTCMKTS TTNDY traded down $1.39 during mid-day trading on Friday, reaching $57.04. 24,700 shares of the company were exchanged, compared to its average volume of 87,106. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.76 and a current ratio of 1.54. The company's 50-day simple moving average is $53.89 and its 200-day simple moving average is $61.81. Techtronic Industries has a twelve month low of $44.44 and a twelve month high of $78.85.

Techtronic Industries Increases Dividend

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

Techtronic Industries Company Profile

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.