Short Interest in TT Electronics PLC (OTCMKTS:TTGPF) Declines By 87.5%

Key Points

• TT Electronics PLC experienced a significant 87.5% decrease in short interest in August, dropping from 800 shares to just 100 shares by mid-month.
• The current short-interest ratio is at 1.0 days based on an average trading volume of 100 shares.
• TT Electronics' stock price remained flat at $1.25, with a debt-to-equity ratio of 0.83 and a 1-year price range between $0.91 and $1.83.

TT Electronics PLC (OTCMKTS:TTGPF - Get Free Report) saw a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 100 shares, adropof87.5% from the July 31st total of 800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1.0 days.

TT Electronics Price Performance

OTCMKTS TTGPF remained flat at $1.35 during trading on Friday. TT Electronics has a 12-month low of $0.91 and a 12-month high of $1.83. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.12 and a current ratio of 2.03. The stock has a fifty day simple moving average of $1.32 and a two-hundred day simple moving average of $1.17.

About TT Electronics

TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.