Bridgestone Co. (OTCMKTS:BRDCY) Sees Large Growth in Short Interest

Bridgestone Co. (OTCMKTS:BRDCY) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 204,300 shares, a growth of 274.9% from the January 31st total of 54,500 shares. Based on an average daily volume of 289,100 shares, the short-interest ratio is presently 0.7 days.

Bridgestone Stock Down 1.3 %

OTCMKTS:BRDCY traded down $0.25 during mid-day trading on Friday, reaching $19.45. 77,798 shares of the stock were exchanged, compared to its average volume of 157,033. The company has a current ratio of 2.39, a quick ratio of 1.54 and a debt-to-equity ratio of 0.14. Bridgestone has a 1 year low of $15.90 and a 1 year high of $23.05. The company has a 50 day simple moving average of $17.76 and a 200-day simple moving average of $18.21.

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.