Burnham Holdings, Inc. (OTCMKTS:BURCA) Short Interest Update

Burnham Holdings, Inc. (OTCMKTS:BURCA) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 2,100 shares, a drop of 8.7% from the October 15th total of 2,300 shares. Based on an average daily trading volume, of 2,200 shares, the short-interest ratio is presently 1.0 days.

Burnham Trading Down 2.0 %

Shares of Burnham stock traded down $0.27 during trading on Friday, hitting $13.53. 45,108 shares of the company were exchanged, compared to its average volume of 1,002. The firm has a market capitalization of $45.32 million, a P/E ratio of 7.01 and a beta of 0.33. The firm’s fifty day moving average price is $13.76 and its 200 day moving average price is $13.16. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.17 and a quick ratio of 1.04. Burnham has a 1-year low of $11.50 and a 1-year high of $15.01.

Burnham (OTCMKTS:BURCA) last announced its quarterly earnings results on Thursday, October 24th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter. Burnham had a return on equity of 8.83% and a net margin of 3.51%. The company had revenue of $64.69 million during the quarter.

Burnham Company Profile

Burnham Holdings, Inc designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Its residential hydronic heating products include cast iron, stainless steel, and steel boilers; cast iron and steel heat distribution products; radiators; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets, including units for the manufactured housing industry.