Shares of Tyco International TYC are on the rise this morning, touching a fresh 52-week high of $47.73. Currently, shares are trading higher by 2.69%, at $47.41.
Tyco International recently retraced its rally back to the 50-day moving average, which it held and has since rallied from. This indicates strong bull support in the name.
Note that TYX has only 0.75% short interest.
Tyco International Ltd. is a diversified company, which provides security products and services, fire protection and detection products and services, valves and controls, and other industrial products. It operates in five segments: ADT Worldwide, Flow Control, Fire Protection Services, Electrical and Metal Products, and Safety Products.
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