Short Interest in Brother Industries Ltd. (OTCMKTS:BRTHY) Decreases By 87.2%

Brother Industries Ltd. (OTCMKTS:BRTHY) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totaling 42 shares, a drop of 87.2% from the March 31st total of 329 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 75 shares, the days-to-cover ratio is currently 0.6 days.

Brother Industries Stock Performance

Shares of BRTHY stock remained flat at $36.80 during trading hours on Friday. The stock had a trading volume of 2 shares, compared to its average volume of 34. Brother Industries has a 1-year low of $28.75 and a 1-year high of $43.89. The stock has a market cap of $4.70 billion, a PE ratio of 12.78 and a beta of 0.05. The firm has a 50-day moving average price of $38.27 and a two-hundred day moving average price of $38.69.

Brother Industries Company Profile

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.