Short Interest in Bridgestone Co. (OTCMKTS:BRDCY) Decreases By 96.6%

Bridgestone Co. (OTCMKTS:BRDCY) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a decline of 96.6% from the October 31st total of 5,900 shares. Based on an average daily volume of 1,302,800 shares, the short-interest ratio is currently 0.0 days.

Bridgestone Trading Up 0.2 %

Shares of Bridgestone stock traded up $0.03 on Wednesday, hitting $17.42. The company had a trading volume of 102,443 shares, compared to its average volume of 153,510. Bridgestone has a 1 year low of $16.67 and a 1 year high of $23.05. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.56 and a current ratio of 2.39. The stock has a 50 day moving average of $18.36 and a 200-day moving average of $19.48.

Bridgestone (OTCMKTS:BRDCY) last announced its quarterly earnings results on Monday, November 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The company had revenue of $7.34 billion during the quarter. On average, equities analysts forecast that Bridgestone will post 2.41 EPS for the current fiscal 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.