Bridgestone Co. (OTCMKTS:BRDCY) Short Interest Down 57.5% in April

Bridgestone Co. (OTCMKTS:BRDCY) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 56,600 shares, a decline of 57.5% from the March 31st total of 133,200 shares. Based on an average daily volume of 82,400 shares, the days-to-cover ratio is currently 0.7 days.

Bridgestone Price Performance

Shares of OTCMKTS:BRDCY traded up $0.13 during mid-day trading on Friday, hitting $21.63. 74,133 shares of the company traded hands, compared to its average volume of 49,940. The company has a quick ratio of 1.45, a current ratio of 2.13 and a debt-to-equity ratio of 0.15. Bridgestone has a 12-month low of $18.30 and a 12-month high of $22.55. The stock has a 50-day moving average price of $21.51 and a two-hundred day moving average price of $20.78.

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.