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

Brother Industries Ltd. (OTCMKTS:BRTHY) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 92 shares, a growth of ∞ from the May 31st total of 0 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 57 shares, the short-interest ratio is currently 1.6 days.

Brother Industries Price Performance

OTCMKTS BRTHY opened at $47.29 on Wednesday. The company has a 50-day simple moving average of $43.19 and a two-hundred day simple moving average of $40.97. Brother Industries has a 12-month low of $31.59 and a 12-month high of $48.26. The firm has a market cap of $5.92 billion, a price-to-earnings ratio of 16.42 and a beta of 0.15.

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.