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

Techtronic Industries Company Limited (OTCMKTS:TTNDY - Get Free Report) experienced a notable decrease in short interest for the month of November. As of November 30th, the total short interest stood at 26,300 shares, marking a substantial decline of 45.5% from the 48,300 shares recorded on November 15th. Given the average daily trading volume of 64,800 shares, this results in a short-interest ratio of 0.4 days.

Techtronic Industries Stock Performance

On Thursday, shares of OTCMKTS TTNDY fell by 3.6%, down $2.60 during trading, bringing the price to $69.94. A total of 37,741 shares exchanged hands, slightly below the average volume of 61,547 shares. Over the past year, Techtronic Industries reached a low of $49.45 and a high of $78.85. The company currently reports a fifty-day moving average price of $71.67 and a two-hundred-day moving average price of $66.78.

About Techtronic Industries

Techtronic Industries Company Limited is involved in the design, manufacture, and marketing of various power tools, outdoor power equipment, and cleaning products, serving markets in North America, Europe, and beyond. The company operates through two main segments: Power Equipment and Floorcare & Cleaning. Its product offerings include power tools and accessories, outdoor products, and branded items under names such as MILWAUKEE, EMPIRE, AEG, RYOBI, HOMELITE, and HART, as well as supplying original equipment manufacturers (OEMs).

Investment Insights

Before considering an investment in Techtronic Industries, it's essential to evaluate insights from leading market analysts. Currently, the stock holds a "Hold" rating among analysts. However, there are five other stocks that analysts recommend as potentially better investment options. These insights are crucial as they reflect the opinions of experts in the field regarding market trends and performance expectations.

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