Brother Industries Ltd. (OTCMKTS:BRTHY) Sees Significant Decrease in Short Interest

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) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 500 shares, adeclineof16.7% from the June 30th total of 600 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 2.5 days. Approximately0.0% of the company's stock are sold short. Approximately0.0% of the company's stock are sold short. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 2.5 days.

Brother Industries Stock Performance

Shares of BRTHY stock remained flat at $34.00 during mid-day trading on Friday. 18 shares of the stock were exchanged, compared to its average volume of 138. Brother Industries has a 1 year low of $28.75 and a 1 year high of $42.95. The firm has a market cap of $4.35 billion, a P/E ratio of 12.14 and a beta of 0.22. The firm's 50 day simple moving average is $33.91 and its 200-day simple moving average is $34.63.

Brother Industries (OTCMKTS:BRTHY - Get Free Report) last announced its earnings results on Friday, May 9th. The company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.21). Brother Industries had a net margin of 6.24% and a return on equity of 7.88%. The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $220.08 billion. On average, sell-side analysts expect 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.