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

Brother Industries Ltd. (OTCMKTS:BRTHY) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 107 shares, a decline of 89.9% from the June 30th total of 1,061 shares. Based on an average trading volume of 303 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Brother Industries Price Performance

Shares of Brother Industries stock opened at $48.85 on Friday. The firm has a fifty day moving average price of $45.93 and a 200 day moving average price of $41.89. The stock has a market cap of $6.12 billion, a PE ratio of 16.96 and a beta of 0.14. Brother Industries has a 1 year low of $31.75 and a 1 year high of $48.85.

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.