BrilliA Inc (NYSEAMERICAN:BRIA) Sees Significant Growth in Short Interest

BrilliA Inc (NYSEAMERICAN:BRIA) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,897 shares, a growth of 877.8% from the April 30th total of 194 shares. Based on an average daily volume of 7,780 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

BrilliA Price Performance

BRIA stock opened at $1.60 on Friday. BrilliA has a 1-year low of $1.41 and a 1-year high of $4.95. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.42 and a current ratio of 1.93. The business has a 50 day simple moving average of $1.72 and a two-hundred day simple moving average of $1.82.

Institutional Inflows and Outflows

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

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.