Burnham Holdings Inc. (OTCMKTS:BURCA) Stock Short Interest Report for October

Burnham Holdings Inc. (OTCMKTS:BURCA) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 155 shares, an increase of 89.0% from the September 30th total of 82 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 406 shares, the days-to-cover ratio is currently 0.4 days.

Burnham Price Performance

Burnham stock opened at $23.50 on Friday. The firm has a market capitalization of $81.73 million, a PE ratio of -4.59 and a beta of 0.14. Burnham has a 52 week low of $21.88 and a 52 week high of $28.25. The firm’s 50-day simple moving average is $23.31 and its 200 day simple moving average is $24.68. The company has a quick ratio of 0.94, a current ratio of 2.39 and a debt-to-equity ratio of 0.17.

Burnham (OTCMKTS:BURCA) last announced its 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 company had revenue of $74.58 million during the quarter.

About Burnham

Burnham Holdings, Inc is a heating equipment company that historically operated through subsidiaries serving the residential, commercial and industrial markets. Its primary business has centered on the design and manufacture of boilers and related hydronic heating products.

The company’s product offerings have included cast-iron and steel boilers, gas- and oil-fired heating equipment, commercial and industrial boiler systems, and replacement heating products. Its brands and operating companies have included Burnham Commercial, U.S.