Bridgestone Co. (OTCMKTS:BRDCY) Short Interest Down 85.0% in June

Bridgestone Co. (OTCMKTS:BRDCY) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 16,200 shares, a decrease of 85.0% from the May 31st total of 107,800 shares. Based on an average trading volume of 106,300 shares, the short-interest ratio is currently 0.2 days.

Bridgestone Stock Down 0.1 %

BRDCY stock traded down $0.02 during midday trading on Thursday, reaching $19.85. The stock had a trading volume of 62,199 shares, compared to its average volume of 106,032. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.45 and a current ratio of 2.13. The firm has a fifty day simple moving average of $21.54 and a two-hundred day simple moving average of $21.32. Bridgestone has a 52-week low of $18.30 and a 52-week high of $23.05.

Bridgestone (OTCMKTS:BRDCY) last announced its quarterly earnings data on Monday, May 13th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.04). The firm had revenue of $7.17 billion during the quarter. On average, research analysts forecast that Bridgestone will post 1.74 earnings per share for the current year.

Bridgestone Company Profile

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.