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

Brother Industries Ltd. (OTCMKTS:BRTHY) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 485 shares, a growth of 203.1% from the July 30th total of 160 shares. Based on an average daily trading volume, of 142 shares, the short-interest ratio is presently 3.4 days. Approximately 0.0% of the shares of the company are short sold.

Brother Industries Stock Performance

Shares of BRTHY stock opened at $56.62 on Friday. The firm has a market cap of $7.09 billion, a price-to-earnings ratio of 14.74 and a beta of 0.14. Brother Industries has a 52 week low of $31.75 and a 52 week high of $58.15. The firm’s 50-day simple moving average is $50.44 and its two-hundred day simple moving average is $43.95.

About Brother Industries

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.