Short Interest in Brother Industries Ltd. (OTCMKTS:BRTHY) Rises By 49.5%

Brother Industries Ltd. (OTCMKTS:BRTHY) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 160 shares, a growth of 49.5% from the July 15th total of 107 shares. Based on an average trading volume of 191 shares, the short-interest ratio is presently 0.8 days. Approximately 0.0% of the shares of the stock are sold short.

Brother Industries Price Performance

Shares of Brother Industries stock opened at $58.15 on Tuesday. Brother Industries has a 12-month low of $31.75 and a 12-month high of $58.15. The firm has a market capitalization of $7.28 billion, a PE ratio of 15.14 and a beta of 0.14. The stock’s fifty day moving average is $48.47 and its 200-day moving average is $43.03.

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.