Short Interest in Bridgestone Co. (OTCMKTS:BRDCY) Rises By 3,900.0%

Bridgestone Co. (OTCMKTS:BRDCY) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 8,000 shares, a growth of 3,900.0% from the November 15th total of 200 shares. Based on an average daily trading volume, of 417,500 shares, the days-to-cover ratio is presently 0.0 days.

Bridgestone Stock Down 0.5 %

OTCMKTS BRDCY traded down $0.09 during trading hours on Wednesday, reaching $17.46. 158,498 shares of the company traded hands, compared to its average volume of 156,715. The company has a 50 day moving average of $18.07 and a two-hundred day moving average of $19.19. Bridgestone has a 12 month low of $16.67 and a 12 month high of $23.05. The company has a current ratio of 2.39, a quick ratio of 1.54 and a debt-to-equity ratio of 0.14.

Bridgestone (OTCMKTS:BRDCY) last posted its quarterly earnings results on Monday, November 11th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The company had revenue of $7.34 billion during the quarter. As a group, 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.