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

Brother Industries Ltd. (OTCMKTS:BRTHY) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 126 shares, a decline of 64.2% from the January 29th total of 352 shares. Based on an average daily volume of 115 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 115 shares, the days-to-cover ratio is currently 1.1 days.

Brother Industries Price Performance

OTCMKTS BRTHY opened at $40.75 on Thursday. Brother Industries has a 52 week low of $28.75 and a 52 week high of $43.89. The stock has a market capitalization of $5.21 billion, a PE ratio of 14.15 and a beta of 0.02. The firm has a 50 day moving average of $41.22 and a two-hundred day moving average of $37.68.

Brother Industries Company Profile

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.