Brother Industries Ltd. (OTCMKTS:BRTHY) Stock Short Interest Climbs 344.8%

Brother Industries Ltd. (OTCMKTS:BRTHY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 258 shares, a growth of 344.8% from the September 30th total of 58 shares. Based on an average daily volume of 48 shares, the days-to-cover ratio is presently 5.4 days. Currently, 0.0% of the company’s stock are sold short.

Brother Industries Price Performance

Shares of BRTHY opened at $59.84 on Wednesday. Brother Industries has a twelve month low of $31.75 and a twelve month high of $60.20. The firm’s 50 day moving average price is $59.56 and its 200 day moving average price is $47.17.

About Brother Industries

Brother Industries, Ltd. is a Japanese multinational technology and manufacturing company headquartered in Nagoya, Japan. Founded in 1908 as Yasui Sewing Machine Co, the company initially produced sewing machines and later expanded into office equipment, industrial products and other business technologies.

Brother’s products and services include printers, multifunction printers, scanners, label and mobile printers, labeling supplies and related software and services. The company also manufactures home and industrial sewing machines, industrial printing equipment, industrial sewing machinery and machine tools for commercial and manufacturing customers.

Brother serves consumers, small businesses, enterprises and industrial customers through operations and sales networks across Japan, the Americas, Europe and other markets in Asia and Oceania.