Techtronic Industries Company Limited (OTCMKTS:TTNDY – Get Free Report) saw a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 20,700 shares, a decrease of 41.4% from the May 31st total of 35,300 shares. Based on an average daily volume of 64,100 shares, the days-to-cover ratio is presently 0.3 days.
Techtronic Industries Stock Up 1.7 %
OTCMKTS TTNDY opened at $58.86 on Friday. Techtronic Industries has a twelve month low of $43.18 and a twelve month high of $73.19. The business’s 50-day moving average price is $65.11 and its 200 day moving average price is $61.22. The company has a current ratio of 1.49, a quick ratio of 0.63 and a debt-to-equity ratio of 0.31.
Techtronic Industries Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, May 17th will be paid a dividend of $0.6065 per share. The ex-dividend date is Thursday, May 16th. This is a boost from Techtronic Industries’s previous dividend of $0.59.
About Techtronic Industries
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.
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