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

BrilliA Inc (NYSEAMERICAN:BRIA) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 13,276 shares, a decrease of 58.0% from the June 30th total of 31,629 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 7,373 shares, the short-interest ratio is currently 1.8 days.

Hedge Funds Weigh In On BrilliA

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

BrilliA Price Performance

NYSEAMERICAN BRIA traded down $0.16 on Tuesday, hitting $1.12. 14,547 shares of the company traded hands, compared to its average volume of 128,480. The business’s 50 day moving average price is $1.47 and its 200-day moving average price is $1.74. BrilliA has a 52-week low of $1.07 and a 52-week high of $4.95.

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.