Short Interest in Bridgestone Co. (OTCMKTS:BRDCY) Decreases By 74.4%

Bridgestone Co. (OTCMKTS:BRDCY) was the target of a significant drop in short interest in 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. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 210,400 shares, the days-to-cover ratio is currently 0.2 days.

Bridgestone Stock Performance

Shares of BRDCY traded up $0.19 during mid-day trading on Friday, hitting $20.22. 73,501 shares of the company’s stock were exchanged, compared to its average volume of 138,988. The company has a 50-day simple moving average of $18.31 and a 200 day simple moving average of $18.23. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.39 and a quick ratio of 1.54. Bridgestone has a 52 week low of $15.90 and a 52 week high of $23.05.

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.