Burnham Holdings, Inc. (OTCMKTS:BURCA) Short Interest Down 50.0% in June

Burnham Holdings, Inc. (OTCMKTS:BURCA) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the May 31st total of 200 shares. Based on an average daily volume of 5,400 shares, the short-interest ratio is presently 0.0 days.

Burnham Stock Performance

Shares of OTCMKTS:BURCA traded down $0.05 on Friday, reaching $12.95. 848 shares of the company’s stock were exchanged, compared to its average volume of 1,652. The firm has a market capitalization of $43.38 million, a price-to-earnings ratio of 6.50 and a beta of 0.31. Burnham has a fifty-two week low of $11.50 and a fifty-two week high of $15.01. The business’s 50-day moving average is $12.85 and its two-hundred day moving average is $12.60. The company has a quick ratio of 0.92, a current ratio of 2.92 and a debt-to-equity ratio of 0.31.

Burnham (OTCMKTS:BURCA) last issued its earnings results on Monday, April 22nd. The industrial products company reported $0.64 earnings per share for the quarter. Burnham had a net margin of 3.79% and a return on equity of 9.70%. The company had revenue of $56.00 million for the quarter.

Burnham Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 20th were issued a $0.23 dividend. The ex-dividend date of this dividend was Thursday, June 20th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 7.10%. Burnham’s dividend payout ratio (DPR) is presently 46.00%.

Burnham Company Profile

Burnham Holdings, Inc designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Its residential hydronic heating products include cast iron, stainless steel, and steel boilers; cast iron and steel heat distribution products; radiators; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets, including units for the manufactured housing industry.