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

Bridgestone Co. (OTCMKTS:BRDCY) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 148,100 shares, a growth of 229.1% from the March 31st total of 45,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 331,500 shares, the days-to-cover ratio is presently 0.4 days.

Bridgestone Stock Performance

Shares of Bridgestone stock traded down $0.24 during trading on Monday, reaching $20.70. 37,490 shares of the stock traded hands, compared to its average volume of 119,595. The business has a fifty day simple moving average of $19.92 and a two-hundred day simple moving average of $18.41. Bridgestone has a 52-week low of $15.90 and a 52-week high of $23.05. The company has a current ratio of 2.39, a quick ratio of 1.54 and a debt-to-equity ratio of 0.14.

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.