TT Electronics plc (OTCMKTS:TTGPF) Short Interest Down 74.6% in November

TT Electronics plc (OTCMKTS:TTGPF) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 12,800 shares, a decrease of 74.6% from the October 31st total of 50,300 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 10.7 days.

TT Electronics Price Performance

TT Electronics stock remained flat at $1.35 during mid-day trading on Thursday. The business’s 50 day moving average price is $1.28 and its two-hundred day moving average price is $1.55. TT Electronics has a 12 month low of $0.91 and a 12 month high of $2.22.

Analyst Upgrades and Downgrades

TTGPF has been the topic of a number of analyst reports. Royal Bank of Canada upgraded TT Electronics to a “moderate buy” rating in a research report on Tuesday, September 17th. Barclays raised TT Electronics to a “strong-buy” rating in a report on Friday, August 9th.

TT Electronics Company Profile

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.