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

BrilliA Inc (NYSEAMERICAN:BRIA) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 3,350 shares, a growth of 76.6% from the May 14th total of 1,897 shares. Based on an average daily volume of 24,590 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On BrilliA

A hedge fund recently bought a new stake in BrilliA stock. Virtu Financial LLC bought a new stake in BrilliA Inc (NYSEAMERICAN:BRIA) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,875 shares of the company’s stock, valued at approximately $31,000.

BrilliA Price Performance

NYSEAMERICAN BRIA traded down $0.09 during trading hours on Tuesday, hitting $1.43. The company’s stock had a trading volume of 1,036,588 shares, compared to its average volume of 22,489. The stock has a fifty day moving average of $1.65 and a 200 day moving average of $1.79. BrilliA has a twelve month low of $1.07 and a twelve month high of $4.95. The company has a current ratio of 1.93, a quick ratio of 1.42 and a debt-to-equity ratio of 0.07.

About BrilliA

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.