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

BrilliA Inc (NYSEAMERICAN:BRIA) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 3,350 shares, an increase of 76.6% from the May 14th total of 1,897 shares. Based on an average trading volume of 24,590 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On BrilliA

A hedge fund recently bought a new stake in BrilliA stock. Virtu Financial LLC acquired a new stake in shares of BrilliA Inc (NYSEAMERICAN:BRIA) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 14,875 shares of the company’s stock, valued at approximately $31,000.

BrilliA Trading Down 4.9%

BrilliA stock opened at $1.36 on Wednesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.42 and a current ratio of 1.93. BrilliA has a one year low of $1.07 and a one year high of $4.95. The company has a 50-day simple moving average of $1.64 and a 200-day simple moving average of $1.79.

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.