Brother Industries Ltd. (OTCMKTS:BRTHY) Short Interest Down 89.9% in July

Brother Industries Ltd. (OTCMKTS:BRTHY) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 107 shares, a decrease of 89.9% from the June 30th total of 1,061 shares. Based on an average daily volume of 303 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Brother Industries Price Performance

Shares of BRTHY remained flat at $48.85 during trading hours on Friday. 353 shares of the stock were exchanged, compared to its average volume of 180. The stock has a 50-day simple moving average of $45.83 and a two-hundred day simple moving average of $41.84. Brother Industries has a 12-month low of $31.75 and a 12-month high of $48.85. The company has a market capitalization of $6.12 billion, a PE ratio of 16.96 and a beta of 0.14.

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.