Short Interest in Brother Industries Ltd. (OTCMKTS:BRTHY) Drops By 64.2%

Brother Industries Ltd. (OTCMKTS:BRTHY) saw a large decline in short interest in the month of 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 trading volume of 115 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 115 shares, the days-to-cover ratio is currently 1.1 days.

Brother Industries Stock Performance

BRTHY stock remained flat at $40.75 during trading hours on Friday. The company had a trading volume of 7 shares, compared to its average volume of 50. The firm has a 50 day moving average of $41.28 and a 200-day moving average of $37.75. Brother Industries has a fifty-two week low of $28.75 and a fifty-two week high of $43.89. The firm has a market capitalization of $5.21 billion, a P/E ratio of 14.15 and a beta of 0.02.

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.