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

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

Brother Industries Trading Up 6.3%

Brother Industries stock traded up $3.58 during mid-day trading on Friday, reaching $60.20. The company had a trading volume of 578 shares, compared to its average volume of 120. The business has a fifty day simple moving average of $50.73 and a 200 day simple moving average of $44.06. Brother Industries has a fifty-two week low of $31.75 and a fifty-two week high of $60.20. The company has a market cap of $7.54 billion, a P/E ratio of 15.68 and a beta of 0.14.

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.