TT Electronics plc (OTCMKTS:TTGPF) Short Interest Update

TT Electronics plc (OTCMKTS:TTGPF) was the target of a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 12,800 shares, a drop of 74.6% from the October 31st total of 50,300 shares. Based on an average trading volume of 1,200 shares, the short-interest ratio is presently 10.7 days.

TT Electronics Price Performance

OTCMKTS TTGPF remained flat at $1.35 during trading hours on Wednesday. 42,040 shares of the company traded hands, compared to its average volume of 6,925. TT Electronics has a 52-week low of $0.91 and a 52-week high of $2.22. The stock has a 50-day moving average of $1.29 and a 200-day moving average of $1.55.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on TTGPF shares. Royal Bank of Canada upgraded shares of TT Electronics to a “moderate buy” rating in a research note on Tuesday, September 17th. Barclays upgraded TT Electronics to a “strong-buy” rating in a research report on Friday, August 9th.

TT Electronics Company Profile

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.