Short Interest in Bridgestone Co. (OTCMKTS:BRDCY) Decreases By 53.1%

Bridgestone Co. (OTCMKTS:BRDCY) saw a significant decrease in short interest in June. As of June 30th, there was short interest totalling 7,600 shares, a decrease of 53.1% from the June 15th total of 16,200 shares. Based on an average trading volume of 206,000 shares, the short-interest ratio is presently 0.0 days.

Bridgestone Stock Up 0.1 %

Shares of BRDCY stock traded up $0.02 during trading hours on Friday, hitting $19.45. 75,564 shares of the company were exchanged, compared to its average volume of 88,330. The business has a 50 day moving average of $21.02 and a two-hundred day moving average of $21.22. The company has a quick ratio of 1.47, a current ratio of 2.24 and a debt-to-equity ratio of 0.15. Bridgestone has a 52 week low of $18.30 and a 52 week high of $23.05.

Bridgestone (OTCMKTS:BRDCY) last issued 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 for the quarter. As a group, research analysts expect 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.