TT Electronics PLC (OTCMKTS:TTGPF) Short Interest Update

TT Electronics PLC (OTCMKTS:TTGPF) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 200 shares, a decline of 98.4% from the April 15th total of 12,164 shares. Based on an average trading volume of 275 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

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 investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, TT Electronics has an average rating of “Strong Buy”.

TT Electronics Stock Performance

TTGPF stock remained flat at $1.59 during midday trading on Monday. The company has a fifty day moving average of $1.58 and a two-hundred day moving average of $1.61. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.97 and a current ratio of 1.71. TT Electronics has a twelve month low of $1.15 and a twelve month high of $2.05.

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.