BrilliA Inc (NYSEAMERICAN:BRIA) Sees Large Increase in Short Interest

BrilliA Inc (NYSEAMERICAN:BRIA) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totaling 9,601 shares, an increase of 267.3% from the March 15th total of 2,614 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,186 shares, the short-interest ratio is presently 2.3 days.

Hedge Funds Weigh In On BrilliA

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

BrilliA Price Performance

NYSEAMERICAN:BRIA traded down $0.00 during trading hours on Friday, reaching $1.82. The company had a trading volume of 1,012 shares, compared to its average volume of 3,180. The company has a current ratio of 1.93, a quick ratio of 1.42 and a debt-to-equity ratio of 0.07. BrilliA has a 1-year low of $1.41 and a 1-year high of $4.95. The business’s 50 day moving average price is $1.97 and its 200-day moving average price is $1.89.

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.