Brother Industries, Ltd. (OTCMKTS:BRTHY) Short Interest Down 33.3% in April

Brother Industries, Ltd. (OTCMKTS:BRTHY – Get Rating) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 200 shares, a drop of 33.3% from the March 31st total of 300 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 0.1 days.

Separately, Zacks Investment Research cut Brother Industries from a “hold” rating to a “sell” rating in a research report on Friday, April 8th.

OTCMKTS:BRTHY opened at $33.93 on Friday. The stock has a fifty day moving average price of $35.93 and a two-hundred day moving average price of $37.28. The stock has a market capitalization of $4.45 billion, a price-to-earnings ratio of 17.22 and a beta of 1.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.80 and a current ratio of 2.74. Brother Industries has a 1 year low of $33.53 and a 1 year high of $47.43.

About Brother Industries (Get Rating)

Brother Industries, Ltd. manufactures and sells communications and printing equipment in Japan, the Americas, Europe, Asia, Oceania, the Middle East, Africa, and internationally. It operates through six segments Printing & Solutions, Personal & Home, Machinery, Network & Contents, Domino, and Others.

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