Brother Industries Ltd. (OTCMKTS:BRTHY) Short Interest Up 203.1% in August

Brother Industries Ltd. (OTCMKTS:BRTHY) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 485 shares, a growth of 203.1% from the July 30th total of 160 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 142 shares, the short-interest ratio is currently 3.4 days.

Brother Industries Trading Down 2.6%

OTCMKTS BRTHY opened at $56.62 on Thursday. Brother Industries has a 1-year low of $31.75 and a 1-year high of $58.15. The firm’s fifty day simple moving average is $50.21 and its 200-day simple moving average is $43.83. The company has a market capitalization of $7.09 billion, a PE ratio of 14.74 and a beta of 0.14.

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.