TT Electronics PLC (OTCMKTS:TTGPF) Short Interest Up 472.8% in June

TT Electronics PLC (OTCMKTS:TTGPF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 1,644 shares, a growth of 472.8% from the May 31st total of 287 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 545 shares, the days-to-cover ratio is presently 3.0 days.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised shares of TT Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, TT Electronics presently has an average rating of “Strong Buy”.

TT Electronics Price Performance

Shares of TTGPF stock opened at $1.55 on Friday. The stock has a fifty day moving average price of $1.51 and a 200 day moving average price of $1.52. TT Electronics has a 1 year low of $1.25 and a 1 year high of $2.05. The company has a quick ratio of 0.97, a current ratio of 1.71 and a debt-to-equity ratio of 0.68.

About TT Electronics

TT Electronics plc is a global provider of engineered electronics for performance-critical applications. The company develops and manufactures a range of sensors, precision resistors, magnetics and power modules, as well as connectors and cable assemblies. Its solutions support industries such as transportation, medical devices, industrial automation, defense and aerospace.

Operating from manufacturing and design centers across Europe, North America and Asia, TT Electronics serves a diverse international customer base.