Burnham Holdings Inc. (OTCMKTS:BURCA) Short Interest Update

Burnham Holdings Inc. (OTCMKTS:BURCA) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 279 shares, a decline of 50.1% from the May 14th total of 559 shares. Based on an average daily trading volume, of 1,669 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Burnham Price Performance

Shares of OTCMKTS BURCA opened at $25.00 on Monday. Burnham has a twelve month low of $22.04 and a twelve month high of $28.25. The stock’s 50 day moving average price is $25.67 and its 200-day moving average price is $25.50. The company has a market capitalization of $86 million, a PE ratio of -5.46 and a beta of 0.14. The company has a quick ratio of 1.04, a current ratio of 2.19 and a debt-to-equity ratio of 0.16.

Burnham (OTCMKTS:BURCA) last announced its earnings results on Monday, April 27th. The industrial products company reported $0.72 earnings per share for the quarter. Burnham had a positive return on equity of 11.89% and a negative net margin of 7.96%.The firm had revenue of $66.18 million for the quarter.

About Burnham

Burnham Holdings, Inc designs, manufactures, and sells boilers and related heating, ventilation, and air conditioning products and accessories for residential, commercial, and industrial applications in the United States and internationally. Its residential hydronic heating products include cast iron, stainless steel, and steel boilers; cast iron and steel heat distribution products; radiators; and warm air furnaces and central air conditioning systems for the residential heating and cooling markets, including units for the manufactured housing industry.