EACO Corp. (OTCMKTS:EACO) Short Interest Down 66.7% in June

EACO Corp. (OTCMKTS:EACO) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 1 shares, a drop of 66.7% from the May 31st total of 3 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 116 shares, the days-to-cover ratio is currently 0.0 days.

EACO Price Performance

EACO opened at $85.23 on Monday. The firm has a 50-day moving average price of $98.78 and a 200-day moving average price of $90.00. EACO has a twelve month low of $42.00 and a twelve month high of $110.00. The company has a quick ratio of 1.86, a current ratio of 3.54 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $414.22 million, a price-to-earnings ratio of 11.07 and a beta of 0.30.

EACO (OTCMKTS:EACO) last announced its quarterly earnings results on Thursday, April 2nd. The financial services provider reported $2.00 EPS for the quarter. The company had revenue of $117.84 million for the quarter. EACO had a net margin of 8.16% and a return on equity of 23.50%.

About EACO

EACO Corporation, through its subsidiary, Bisco Industries, Inc, distributes and sells electronic components and fasteners in the United States, Asia, Canada, and internationally. It offers electronic components, such as spacers and standoffs, card guides and ejectors, component holders and fuses, circuit board connectors, and cable components, as well as various fasteners and hardware products. The company also provides customized services and solutions for various production needs, including special packaging, bin stocking, kitting and assembly, bar coding, electronic requisitioning, integrated supply programs, and others.