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

BrilliA Inc (NYSEAMERICAN:BRIA) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 6,943 shares, a growth of 229.5% from the January 29th total of 2,107 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 7,305 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 7,305 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On BrilliA

A hedge fund recently bought a new stake in BrilliA stock. Virtu Financial LLC bought a new position in shares of BrilliA Inc (NYSEAMERICAN:BRIA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 14,875 shares of the company’s stock, valued at approximately $31,000.

BrilliA Stock Down 5.0%

Shares of BRIA traded down $0.10 during mid-day trading on Friday, hitting $1.90. 11,706 shares of the company’s stock were exchanged, compared to its average volume of 6,886. BrilliA has a 52 week low of $1.41 and a 52 week high of $4.95. The stock’s 50-day simple moving average is $1.91 and its 200-day simple moving average is $2.01.

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.