BrilliA Inc (NYSEAMERICAN:BRIA) Sees Significant Growth in Short Interest

BrilliA Inc (NYSEAMERICAN:BRIA) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 31,629 shares, an increase of 132.3% from the June 15th total of 13,613 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 116,840 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On BrilliA

An institutional investor recently bought a new stake in BrilliA stock. Virtu Financial LLC purchased a new position in shares of BrilliA Inc (NYSEAMERICAN:BRIA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,875 shares of the company’s stock, valued at approximately $31,000.

BrilliA Stock Performance

NYSEAMERICAN:BRIA traded up $0.07 on Tuesday, hitting $1.57. 32,442 shares of the stock were exchanged, compared to its average volume of 60,306. BrilliA has a 52 week low of $1.07 and a 52 week high of $4.95. The company’s 50-day moving average price is $1.54 and its 200 day moving average price is $1.76.

BrilliA Company Profile

BrilliA Inc engages in the design, development and manufacturing of residential and commercial ventilation and range hood systems. The company’s core product line includes ducted and ductless range hoods, ceiling-mounted and wall-mounted ventilation fans, heat sensors, remote controls and a variety of grille and lighting accessories. BrilliA focuses on combining innovative airflow technology with modern design elements to address both new construction and retrofit applications.

In addition to its ventilation business, BrilliA offers a selection of complementary home improvement products that enhance indoor air quality and kitchen functionality.