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

Brother Industries Ltd. (OTCMKTS:BRTHYGet Free Report) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 167 shares, an increase of 32.5% from the February 12th total of 126 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 96 shares, the days-to-cover ratio is presently 1.7 days. Based on an average trading volume of 96 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.0% of the company’s stock are short sold.

Brother Industries Stock Performance

Shares of BRTHY stock opened at $38.38 on Tuesday. The company’s 50-day moving average is $41.22 and its 200 day moving average is $38.21. Brother Industries has a one year low of $28.75 and a one year high of $43.89. The company has a market capitalization of $4.91 billion, a price-to-earnings ratio of 13.32 and a beta of 0.05.

Brother Industries Company Profile

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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.

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