Short Interest in Brother Industries, Ltd. (OTCMKTS:BRTHY) Declines By 93.3%

Brother Industries, Ltd. (OTCMKTS:BRTHY) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 100 shares, a decline of 93.3% from the January 15th total of 1,500 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is currently 0.1 days.

Brother Industries Price Performance

Shares of OTCMKTS BRTHY remained flat at $34.48 during mid-day trading on Wednesday. 12 shares of the stock were exchanged, compared to its average volume of 934. The company has a market capitalization of $4.41 billion, a PE ratio of 19.26 and a beta of 0.43. The firm’s fifty day moving average is $34.17 and its 200-day moving average is $36.59. Brother Industries has a one year low of $30.42 and a one year high of $42.95.

Brother Industries (OTCMKTS:BRTHY) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.14 earnings per share for the quarter. Brother Industries had a net margin of 4.00% and a return on equity of 5.06%. As a group, analysts expect that Brother Industries will post 2.8 earnings per share for the current fiscal 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.