Short Interest in Bridgestone Corp. (OTCMKTS:BRDCY) Decreases By 49.0%

Bridgestone Corp. (OTCMKTS:BRDCY) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 56,762 shares, a drop of 49.0% from the April 15th total of 111,293 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 555,258 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

BRDCY has been the subject of several research reports. Smbc Nikko Sec. cut shares of Bridgestone from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 11th. Zacks Research downgraded Bridgestone from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Bridgestone presently has a consensus rating of “Hold”.

Bridgestone Trading Down 1.7%

OTCMKTS BRDCY opened at $10.65 on Friday. The company has a market cap of $28.41 billion, a PE ratio of 15.66, a PEG ratio of 1.05 and a beta of 0.55. The company has a current ratio of 2.55, a quick ratio of 1.76 and a debt-to-equity ratio of 0.18. Bridgestone has a 12 month low of $9.80 and a 12 month high of $12.55. The stock has a 50 day moving average of $10.49 and a 200-day moving average of $15.36.

Bridgestone (OTCMKTS:BRDCY) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03. The company had revenue of $7.04 billion during the quarter, compared to analyst estimates of $6.87 billion. Bridgestone has set its FY 2026 guidance at 0.860-0.860 EPS. On average, equities research analysts anticipate that Bridgestone will post 0.89 EPS for the current fiscal year.

Bridgestone Company Profile

Bridgestone Corporation is a Japanese multinational company principally engaged in the design, manufacture and sale of tires and rubber products. Founded in 1931 by Shojiro Ishibashi and headquartered in Tokyo, the company has grown into one of the world’s largest tire manufacturers, offering products for a broad range of vehicles and applications.

The company’s core offerings include tires for passenger cars, motorcycles, commercial trucks and buses, agricultural and off‑the‑road equipment, and aircraft.