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

Bridgestone Co. (OTCMKTS:BRDCY) saw a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 52,200 shares, a drop of 74.4% from the February 13th total of 204,300 shares. Based on an average daily volume of 210,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Bridgestone Stock Up 0.3 %

Shares of BRDCY stock opened at $20.28 on Friday. The business’s fifty day moving average is $18.38 and its 200 day moving average is $18.23. Bridgestone has a twelve month low of $15.90 and a twelve month high of $23.05. The company has a quick ratio of 1.54, a current ratio of 2.39 and a debt-to-equity ratio of 0.14.

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.