Bridgestone Co. (OTCMKTS:BRDCY) Short Interest Down 97.1% in October

Bridgestone Co. (OTCMKTS:BRDCY) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 5,900 shares, a decrease of 97.1% from the October 15th total of 202,500 shares. Based on an average daily trading volume, of 567,400 shares, the days-to-cover ratio is currently 0.0 days.

Bridgestone Price Performance

BRDCY traded down $0.43 on Thursday, hitting $17.24. 2,618,089 shares of the company were exchanged, compared to its average volume of 145,155. The firm has a 50-day moving average price of $18.64 and a two-hundred day moving average price of $19.81. The company has a current ratio of 2.39, a quick ratio of 1.56 and a debt-to-equity ratio of 0.14. Bridgestone has a twelve month low of $17.03 and a twelve month high of $23.05.

Bridgestone (OTCMKTS:BRDCY) last announced its quarterly earnings data on Monday, November 11th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The firm had revenue of $7.34 billion during the quarter. Equities research analysts expect that Bridgestone will post 2.41 EPS 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.