TT Electronics PLC (OTCMKTS:TTGPF) Stock Short Interest Report for September

TT Electronics PLC (OTCMKTS:TTGPF) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,800 shares, an increase of 500.0% from the September 15th total of 300 shares. Based on an average daily trading volume, of 382 shares, the days-to-cover ratio is currently 4.7 days. Approximately 0.0% of the company’s stock are sold short.

TT Electronics Price Performance

OTCMKTS:TTGPF opened at $2.44 on Monday. TT Electronics has a twelve month low of $1.28 and a twelve month high of $2.44. The business has a 50 day moving average price of $2.04 and a two-hundred day moving average price of $1.71.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reiterated a “sector perform” rating on shares of TT Electronics in a report on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy”.

About TT Electronics

TT Electronics plc is a United Kingdom-based global provider of engineered electronics for original equipment manufacturers and industrial customers. The company designs and manufactures technologies used in applications where sensing, power management, connectivity and reliable electronic control are important.

Its products and services include sensors, electronic power components, connectivity solutions, printed circuit board assemblies and other specialized electronic systems. TT Electronics serves a range of markets, including aerospace and defense, healthcare, industrial automation, electrification and transportation.

The company traces its origins to 1906 and has developed from a telecommunications equipment manufacturer into an international electronics business.