TT Electronics plc (OTCMKTS:TTGPF – Get Free Report) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 42,000 shares, a growth 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 currently 4.4 days.
TT Electronics Price Performance
TTGPF stock remained flat at $1.35 during trading on Wednesday. TT Electronics has a 12 month low of $0.91 and a 12 month high of $2.22. The company’s 50 day simple moving average is $1.19 and its 200 day simple moving average is $1.53.
Analyst Ratings Changes
Separately, Royal Bank of Canada upgraded shares of TT Electronics to a “moderate buy” rating in a research note on Tuesday, September 17th.
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.
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