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BrilliA Inc (NYSEAMERICAN:BRIA) Short Interest Up 267.3% in March

BrilliA logo with Retail/Wholesale background
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Key Points

  • Short interest up 267.3% — short interest rose to 9,601 shares as of March 31 from 2,614 on March 15, with a days-to-cover ratio of 2.3 based on average daily volume.
  • Stock trading around $1.82 — BRIA traded at $1.82 (down 0.1%) with 1,012 shares on the day; its 50‑ and 200‑day moving averages are $1.97 and $1.89, and the 52‑week range is $1.41–$4.95.
  • Institutional buying — Virtu Financial LLC disclosed a new stake of 14,875 shares (about $31,000) in the company during the third quarter.
  • Five stocks to consider instead of BrilliA.

BrilliA Inc (NYSEAMERICAN:BRIA - Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totaling 9,601 shares, a growth of 267.3% from the March 15th total of 2,614 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 4,186 shares, the days-to-cover ratio is presently 2.3 days.

BrilliA Stock Down 0.1%

BRIA traded down $0.00 on Friday, reaching $1.82. 1,012 shares of the stock were exchanged, compared to its average volume of 3,180. The company's 50-day moving average price is $1.97 and its 200 day moving average price is $1.89. BrilliA has a fifty-two week low of $1.41 and a fifty-two week high of $4.95. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.42 and a current ratio of 1.93.

Institutional Investors Weigh In On BrilliA

A hedge fund recently bought a new stake in BrilliA stock. Virtu Financial LLC purchased a new position in BrilliA Inc (NYSEAMERICAN:BRIA - Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 14,875 shares of the company's stock, valued at approximately $31,000.

About BrilliA

(Get Free Report)

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.

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