Brother Industries Ltd. (OTCMKTS:BRTHY) Short Interest Down 16.7% in July

Key Points

• Brother Industries Ltd. (OTCMKTS:BRTHY) experienced a 16.7% decline in short interest in July, with total short shares dropping from 600 to 500.
• The company's stock price opened at $34.00, down 1.8%, following a recent earnings report where earnings per share of $0.22 fell short of the consensus estimate of $0.43.
• Brother Industries has a market cap of $4.35 billion, a P/E ratio of 12.14, and a beta of 0.20, indicating lower volatility compared to the market.

Brother Industries Ltd. (OTCMKTS:BRTHY - Get Free Report) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 500 shares, a decline of 16.7% from the June 30th total of 600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 2.5 days.

Brother Industries Price Performance

Shares of OTCMKTS BRTHY remained flat at $34.00 on Wednesday. The stock had a trading volume of 16 shares, compared to its average volume of 145. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 12.14 and a beta of 0.20. Brother Industries has a 52 week low of $28.75 and a 52 week high of $42.95. The company has a 50-day moving average price of $33.91 and a 200 day moving average price of $34.60.

Brother Industries (OTCMKTS:BRTHY - Get Free Report) last issued its quarterly earnings results on Friday, May 9th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.21). The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $220.08 billion. Brother Industries had a net margin of 6.24% and a return on equity of 7.88%. Equities research analysts predict that Brother Industries will post 2.8 EPS for the current year.

About Brother Industries

Brother Industries, Ltd. manufactures and sells communications and printing equipment in Japan, the Americas, Europe, Asia, Oceania, the Middle East, Africa, and internationally. It operates through Printing & Solutions, Machinery, Domino, Nissei, Personal & Home, and Network & Contents segments.