Trane Technologies

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Trane Technologies plc (formerly Ingersoll-Rand plc) is an American Irish-domiciled diversified industrial manufacturing company formed in 1905 by the merger of Ingersoll-Sergeant Drill Company and Rand Drill Company. It is headquartered near Dublin, Ireland. While known as Ingersoll Rand, the company has been a constituent of the S&P 500 Index since 2010, replacing Pactiv Corporation on 16 November 2010.

Trane Technologies has been a target of short sellers for a while. The current short interest of 1.36% is roughly at the average of the last 12 months (1.58%).