Brother Industries Ltd. (OTCMKTS:BRTHY) Sees Large Increase in Short Interest

Brother Industries Ltd. (OTCMKTS:BRTHY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 10 shares, an increase of 100.0% from the December 31st total of 5 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 156 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 156 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Brother Industries Stock Performance

OTCMKTS:BRTHY opened at $42.61 on Friday. The company has a 50-day moving average of $40.79 and a 200-day moving average of $36.86. The firm has a market cap of $5.45 billion and a price-to-earnings ratio of 14.80. Brother Industries has a twelve month low of $28.75 and a twelve month high of $43.89.

Brother Industries (OTCMKTS:BRTHY) last released its earnings results on Monday, November 10th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.84 by $0.04. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.37 billion. Brother Industries had a net margin of 6.19% and a return on equity of 7.84%. On average, research analysts forecast that Brother Industries will post 2.8 earnings per share for the current year.

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.