Short Interest in Bridgestone Co. (OTCMKTS:BRDCY) Rises By 3,720.8%

Bridgestone Co. (OTCMKTS:BRDCY - Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 202,500 shares, a growth of 3,720.8% from the September 30th total of 5,300 shares. Based on an average daily volume of 261,000 shares, the short-interest ratio is currently 0.8 days.

Bridgestone Trading Down 1.1 %

Bridgestone stock traded down $0.20 during midday trading on Friday, reaching $18.01. The stock had a trading volume of 224,013 shares, compared to its average volume of 118,325. The firm's fifty day simple moving average is $19.13 and its two-hundred day simple moving average is $20.20. Bridgestone has a twelve month low of $17.70 and a twelve month high of $23.05. The company has a current ratio of 2.39, a quick ratio of 1.56 and a debt-to-equity ratio of 0.14.

Bridgestone (OTCMKTS:BRDCY - Get Free Report) last issued its earnings results on Friday, August 9th. The company reported $0.53 earnings per share (EPS) for the quarter. The company had revenue of $7.14 billion for the quarter. As a group, sell-side analysts anticipate that Bridgestone will post 2.17 earnings per share for the current fiscal year.

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.