Tennant Company

TNC

The Tennant Company (TNC:NYQ) is a company with about 4000 employees that provides cleaning products and solutions. It is a company that is listed in the New York Stock Exchange. Tennant's products are used to clean and coat surfaces. The Company operates through the following operating segments: North America, Latin America, Europe, Middle East, Africa, and Asia Pacific.The company was founded in Minneapolis by George H. Tennant as a wood-working business in 1870. It was incorporated in 1909.Tennant is U.S. market leader in cleaning equipment.In 2017, Tennant announced the acquisition of IPC Group, a company based in Italy manufacturing cleaning machines.

Tennant Company has been a target of short sellers for a while. The current short interest of 7.99% is significantly above the average of the last 12 months (4.86%).