Bridgestone Co. (OTCMKTS:BRDCY) Short Interest Update

Bridgestone Co. (OTCMKTS:BRDCY) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 9,400 shares, a growth of 46.9% from the July 15th total of 6,400 shares. Based on an average daily trading volume, of 238,800 shares, the short-interest ratio is presently 0.0 days.

Bridgestone Trading Up 1.1 %

Shares of BRDCY traded up $0.21 during midday trading on Wednesday, reaching $19.45. The stock had a trading volume of 76,553 shares, compared to its average volume of 110,213. The company’s fifty day simple moving average is $19.86 and its two-hundred day simple moving average is $21.01. Bridgestone has a 1-year low of $17.84 and a 1-year high of $23.05. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.24 and a quick ratio of 1.47.

Bridgestone (OTCMKTS:BRDCY) last posted its quarterly earnings results on Monday, May 13th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.04). The business had revenue of $7.17 billion during the quarter. As a group, research analysts anticipate that Bridgestone will post 1.74 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.