Short Interest in Bridgestone Co. (OTCMKTS:BRDCY) Drops By 48.6%

Bridgestone Co. (OTCMKTS:BRDCY) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 7,100 shares, a decrease of 48.6% from the February 29th total of 13,800 shares. Based on an average daily volume of 63,100 shares, the short-interest ratio is presently 0.1 days.

Bridgestone Stock Performance

Shares of BRDCY traded down $0.08 during midday trading on Friday, hitting $22.14. 30,251 shares of the company’s stock traded hands, compared to its average volume of 219,269. Bridgestone has a 1 year low of $18.30 and a 1 year high of $22.55. The firm’s fifty day moving average is $21.35 and its 200-day moving average is $20.51. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.45 and a current ratio of 2.13.

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.