Bridgestone Co. (OTCMKTS:BRDCY) Sees Significant Increase in Short Interest

Bridgestone Co. (OTCMKTS:BRDCY) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 69,100 shares, a growth of 32.4% from the February 28th total of 52,200 shares. Based on an average trading volume of 115,600 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s shares are short sold.

Bridgestone Trading Down 0.6 %

Bridgestone stock opened at $20.10 on Tuesday. Bridgestone has a 12-month low of $15.90 and a 12-month high of $23.05. The firm has a 50-day moving average price of $19.20 and a 200-day moving average price of $18.33. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.54 and a current ratio of 2.39.

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.