Brother Industries Ltd. (OTCMKTS:BRTHY) Stock Short Interest Drops 87.0%

Brother Industries Ltd. (OTCMKTS:BRTHY) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 55 shares, a decrease of 87.0% from the August 31st total of 424 shares. Based on an average trading volume of 35 shares, the short-interest ratio is presently 1.6 days. Approximately 0.0% of the company’s stock are sold short.

Brother Industries Price Performance

Shares of BRTHY remained flat at $60.20 on Friday. The stock had a trading volume of 5 shares, compared to its average volume of 71. Brother Industries has a 52 week low of $31.75 and a 52 week high of $60.20. The firm has a market capitalization of $7.54 billion, a price-to-earnings ratio of 15.68 and a beta of 0.17. The company’s 50-day moving average price is $56.00 and its 200-day moving average price is $46.71.

Brother Industries Company Profile

Brother Industries, Ltd. is a Japan-based manufacturer of printing, labeling, and sewing equipment. Its products include laser and inkjet printers, multifunction devices, scanners, label printers, mobile printers, and related supplies and software for home, office, and professional users.

The company also produces home sewing machines, computerized sewing and embroidery systems, industrial sewing equipment, and industrial printing solutions. Brother serves businesses and consumers through a broad international sales and distribution network, with operations and customers across North America, Europe, Asia, and other global markets.

Brother traces its origins to 1908, when the Yasui Brothers’ Sewing Machine Company was established in Nagoya, Japan.