Burnham Holdings Inc. (OTCMKTS:BURCA) Stock Short Interest Rises 356.8%

Burnham Holdings Inc. (OTCMKTS:BURCA) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 708 shares, a growth of 356.8% from the October 15th total of 155 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,894 shares, the short-interest ratio is currently 0.2 days.

Burnham Stock Performance

Shares of Burnham stock opened at $25.95 on Friday. The stock has a market cap of $90.31 million, a PE ratio of -5.07 and a beta of 0.16. The business has a fifty day simple moving average of $23.64 and a 200-day simple moving average of $24.70. The company has a quick ratio of 0.94, a current ratio of 2.39 and a debt-to-equity ratio of 0.17. Burnham has a 12 month low of $21.88 and a 12 month high of $28.25.

Burnham (OTCMKTS:BURCA) last issued its quarterly earnings results on Thursday, October 22nd. The industrial products company reported $0.44 earnings per share for the quarter. The business had revenue of $74.58 million for the quarter. Burnham had a positive return on equity of 14.83% and a negative net margin of 8.29%.

Burnham Company Profile

Burnham Holdings, Inc. is a heating equipment company that historically operated through subsidiaries serving the residential, commercial and industrial markets. Its primary business has centered on the design and manufacture of boilers and related hydronic heating products. The company’s product offerings have included cast-iron and steel boilers, gas- and oil-fired heating equipment, commercial and industrial boiler systems, and replacement heating products. Its brands and operating companies have included Burnham Commercial, U.S. Boiler Company and New Yorker Boiler, among others.