Bridgestone Co. (OTCMKTS:BRDCY) Short Interest Update

Bridgestone Co. (OTCMKTS:BRDCY) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 37,700 shares, a growth of 41.7% from the December 15th total of 26,600 shares. Based on an average daily trading volume, of 488,500 shares, the days-to-cover ratio is presently 0.1 days.

Bridgestone Price Performance

OTCMKTS BRDCY traded down $0.11 during trading hours on Thursday, hitting $16.91. 188,214 shares of the company were exchanged, compared to its average volume of 220,921. The company has a 50 day moving average of $17.23 and a two-hundred day moving average of $18.47. Bridgestone has a 52-week low of $15.90 and a 52-week high of $23.05. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.39 and a quick ratio of 1.54.

Bridgestone (OTCMKTS:BRDCY) last released its quarterly earnings results on Monday, November 11th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The business had revenue of $7.34 billion during the quarter. As a group, research analysts predict that Bridgestone will post 2.41 EPS for the current year.

About Bridgestone

Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company offers tires and tire tubes for passenger cars, trucks, buses, construction and off-road mining vehicles, industrial and agricultural machinery, aircraft, motorcycles, scooters, and other vehicles; automotive parts; automotive maintenance and repair services; and raw materials for tires and other products.