Short Interest in Bridgestone Co. (OTCMKTS:BRDCY) Decreases By 34.9%

Bridgestone Co. (OTCMKTS:BRDCY - Get Free Report) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 45,000 shares, a decline of 34.9% from the March 15th total of 69,100 shares. Based on an average daily volume of 81,300 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the company's shares are sold short.

Bridgestone Stock Performance

Shares of BRDCY traded up $0.19 during mid-day trading on Friday, hitting $20.48. 33,834 shares of the company's stock traded hands, compared to its average volume of 124,474. The business's 50-day moving average price is $19.72 and its 200-day moving average price is $18.36. Bridgestone has a 1 year low of $15.90 and a 1 year high of $23.05. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.39 and a quick ratio of 1.54.

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.