Bridgestone Co. (OTCMKTS:BRDCY) Short Interest Update

Bridgestone Co. (OTCMKTS:BRDCY) was the target of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 52,500 shares, an increase of 458.5% from the July 31st total of 9,400 shares. Based on an average daily trading volume, of 324,000 shares, the short-interest ratio is currently 0.2 days.

Bridgestone Price Performance

Shares of Bridgestone stock opened at $19.60 on Thursday. The company has a fifty day moving average price of $19.60 and a 200 day moving average price of $20.90. The company has a quick ratio of 1.47, a current ratio of 2.24 and a debt-to-equity ratio of 0.15. Bridgestone has a twelve month low of $17.84 and a twelve month high of $23.05.

Bridgestone (OTCMKTS:BRDCY) last posted its quarterly earnings data on Friday, August 9th. The company reported $0.53 earnings per share for the quarter. The firm had revenue of $7.14 billion during the quarter. Equities analysts expect that Bridgestone will post 1.74 EPS for the current fiscal 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.