Bridgestone Co. (OTCMKTS:BRDCY) Short Interest Up 232.5% in December

Bridgestone Co. (OTCMKTS:BRDCY) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 26,600 shares, a growth of 232.5% from the November 30th total of 8,000 shares. Based on an average daily volume of 498,500 shares, the short-interest ratio is currently 0.1 days.

Bridgestone Trading Up 1.2 %

OTCMKTS:BRDCY traded up $0.21 during trading hours on Friday, reaching $17.06. The stock had a trading volume of 301,726 shares, compared to its average volume of 160,819. Bridgestone has a 52 week low of $16.05 and a 52 week high of $23.05. The company has a 50 day moving average price of $17.60 and a two-hundred day moving average price of $18.84. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.54 and a current ratio of 2.39.

Bridgestone (OTCMKTS:BRDCY) last posted its quarterly earnings data on Monday, November 11th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.14). The business had revenue of $7.34 billion for the quarter. As a group, equities analysts forecast that Bridgestone will post 2.41 EPS 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.