TT Electronics plc (OTCMKTS:TTGPF) Short Interest Update

TT Electronics plc (OTCMKTS:TTGPF) was the recipient of a large increase in short interest in November. As of November 30th, there was short interest totalling 42,000 shares, an increase of 228.1% from the November 15th total of 12,800 shares. Based on an average daily volume of 9,600 shares, the days-to-cover ratio is presently 4.4 days.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded shares of TT Electronics to a “moderate buy” rating in a report on Tuesday, September 17th.

TT Electronics Price Performance

TTGPF stock remained flat at $1.35 during midday trading on Friday. TT Electronics has a one year low of $0.91 and a one year high of $2.22. The stock has a fifty day moving average price of $1.17 and a 200-day moving average price of $1.52.

About TT Electronics

TT Electronics plc provides design-led advanced electronics technologies for performance critical applications in the healthcare, aerospace and defense, and automation and electrification markets in the United Kingdom, Rest of Europe, North America, Asia, and internationally. The company operates through three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components.