Techtronic Industries Co. (OTCMKTS:TTNDY) Stock Short Interest Climbs 213.9%

Techtronic Industries Co. (OTCMKTS:TTNDY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 64,169 shares, an increase of 213.9% from the September 30th total of 20,441 shares. Based on an average trading volume of 68,677 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the company’s stock are sold short.

Techtronic Industries Price Performance

Shares of TTNDY opened at $85.50 on Friday. Techtronic Industries has a one year low of $53.51 and a one year high of $94.60. The stock has a 50-day moving average price of $83.40 and a 200 day moving average price of $77.94.

About Techtronic Industries

Techtronic Industries Co Ltd. is a Hong Kong-based consumer and professional products company specializing in cordless power tools, outdoor power equipment, accessories, and floor-care appliances. Its products are sold to professional tradespeople, industrial users, and consumers through retail, commercial, and online distribution channels.

The company’s portfolio includes Milwaukee power tools and accessories, RYOBI power and outdoor products, and AEG power tools. Its floor-care brands include Hoover, Vax, and Dirt Devil, offering products such as vacuum cleaners, carpet washers, and other cleaning appliances.