Short Interest in Brother Industries Ltd. (OTCMKTS:BRTHY) Drops By 89.9%

Brother Industries Ltd. (OTCMKTS:BRTHY) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 107 shares, a decrease of 89.9% from the June 30th total of 1,061 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 303 shares, the short-interest ratio is currently 0.4 days.

Brother Industries Stock Performance

OTCMKTS BRTHY opened at $48.85 on Friday. The company has a market capitalization of $6.12 billion, a P/E ratio of 16.96 and a beta of 0.14. Brother Industries has a one year low of $31.75 and a one year high of $48.85. The stock has a 50 day moving average price of $45.93 and a 200-day moving average price of $41.89.

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.