Burnham Holdings Inc. (OTCMKTS:BURCA) Shares Shorted: Short Interest Up 356.8% in October

Burnham Holdings Inc. (OTCMKTS:BURCA) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 708 shares, a growth of 356.8% from the October 15th total of 155 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,894 shares, the short-interest ratio is presently 0.2 days.

Burnham Stock Down 0.2%

BURCA stock opened at $25.90 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.39 and a quick ratio of 0.94. The stock has a market capitalization of $90.13 million, a P/E ratio of -5.06 and a beta of 0.16. The business has a fifty day moving average price of $23.68 and a 200-day moving average price of $24.71. Burnham has a 1-year low of $21.88 and a 1-year high of $28.25.

Burnham (OTCMKTS:BURCA) last announced its quarterly earnings results on Thursday, October 22nd. The industrial products company reported $0.44 earnings per share (EPS) for the quarter. Burnham had a negative net margin of 8.29% and a positive return on equity of 14.83%. The firm had revenue of $74.58 million for the quarter.

About Burnham

Burnham Holdings, Inc. designs, manufactures and markets heating equipment, with a focus on boilers and related products for residential and commercial buildings. Its offerings include systems for space heating and hot water. The company operates through businesses including U.S. Boiler Company, Burnham Commercial, Crown Boiler Company and New Yorker Boiler Company. Its products are sold primarily in the North American market. Based in Lancaster, Pennsylvania, Burnham Holdings traces its roots to the Burnham heating-equipment business, which dates to the 19th century.