Brother Industries Ltd. (OTCMKTS:BRTHY) Sees Significant Growth in Short Interest

Brother Industries Ltd. (OTCMKTS:BRTHY) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 329 shares, an increase of 91.3% from the March 15th total of 172 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 184 shares, the days-to-cover ratio is presently 1.8 days.

Brother Industries Price Performance

Shares of BRTHY stock opened at $36.80 on Tuesday. The firm has a market cap of $4.70 billion, a PE ratio of 12.78 and a beta of 0.05. The company has a 50-day moving average of $38.93 and a two-hundred day moving average of $38.62. Brother Industries has a 1-year low of $28.75 and a 1-year high of $43.89.

About Brother Industries

Brother Industries, Ltd. is a multinational electronics and electrical equipment company based in Nagoya, Japan. The company specializes in the design, manufacture and sale of a wide range of products including printers, multifunction printers, label printers, sewing and embroidery machines, garment printers, and industrial sewing machines. In addition to hardware, Brother provides related software solutions and support services to help customers optimize their document workflows, improve production efficiency and maintain equipment performance.

Brother’s printer and imaging division offers laser and inkjet models for home, office and industrial use, with features such as wireless connectivity, cloud integration and high-speed printing.