Short Interest in Bridgestone Co. (OTCMKTS:BRDCY) Expands By 41.7%

Bridgestone Co. (OTCMKTS:BRDCY - Get Free Report) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 37,700 shares, a growth of 41.7% from the December 15th total of 26,600 shares. Based on an average trading volume of 488,500 shares, the short-interest ratio is currently 0.1 days.

Bridgestone Stock Up 2.3 %

OTCMKTS:BRDCY traded up $0.39 during mid-day trading on Wednesday, reaching $17.02. 126,996 shares of the stock were exchanged, compared to its average volume of 224,566. Bridgestone has a 1 year low of $15.90 and a 1 year high of $23.05. The company has a current ratio of 2.39, a quick ratio of 1.54 and a debt-to-equity ratio of 0.14. The company has a 50 day simple moving average of $17.25 and a 200-day simple moving average of $18.48.

Bridgestone (OTCMKTS:BRDCY - Get Free Report) last posted 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 for the quarter. On average, equities analysts predict that Bridgestone will post 2.41 earnings per share for the current 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.