Brother Industries Ltd. (OTCMKTS:BRTHY) Short Interest Update

Key Points

• Short interest plunged 87.2% in April to 42 shares from 329 on March 31, representing about 0.0% of the float and a days-to-cover ratio of 0.6.
• Shares were flat at $36.80 with minimal trading (2 shares); the company has a market cap of $4.70 billion, a P/E of 12.78, and 50-/200-day moving averages near $38.27 and $38.69.
• Brother Industries is a Nagoya-based multinational that designs and sells printers, multifunction and label printers, sewing/embroidery machines, and related software and services.

Brother Industries Ltd. (OTCMKTS:BRTHY - Get Free Report) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 42 shares, a decline of 87.2% from the March 31st total of 329 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 75 shares, the days-to-cover ratio is currently 0.6 days.

Brother Industries Price Performance

Shares of OTCMKTS:BRTHY remained flat at $36.80 during trading on Friday. 2 shares of the stock were exchanged, compared to its average volume of 34. The stock has a 50 day moving average of $38.27 and a 200-day moving average of $38.69. Brother Industries has a twelve month low of $28.75 and a twelve month high of $43.89. The firm has a market cap of $4.70 billion, a P/E ratio of 12.78 and a beta of 0.05.

Brother Industries Company Profile

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.

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