Techtronic Industries Company Limited (OTCMKTS:TTNDY - Get Free Report) saw a significant drop in short interest in August. As of August 15th, there was short interest totalling 42,300 shares, a drop of 67.7% from the July 31st total of 130,800 shares. Based on an average daily trading volume, of 76,600 shares, the days-to-cover ratio is currently 0.6 days.
Techtronic Industries Trading Down 0.7 %
Shares of TTNDY traded down $0.48 during midday trading on Wednesday, reaching $67.32. 91,415 shares of the stock were exchanged, compared to its average volume of 57,034. Techtronic Industries has a twelve month low of $43.18 and a twelve month high of $73.19. The company has a quick ratio of 0.63, a current ratio of 1.49 and a debt-to-equity ratio of 0.31. The stock's 50 day simple moving average is $61.66 and its 200 day simple moving average is $63.13.
Techtronic Industries Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, September 30th. Stockholders of record on Wednesday, September 4th will be issued a dividend of $0.6732 per share. The ex-dividend date is Wednesday, September 4th. This is an increase from Techtronic Industries's previous dividend of $0.61.
About Techtronic Industries
(
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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.
Further Reading
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