Burnham Holdings Inc. (OTCMKTS:BURCA) Sees Large Decrease in Short Interest

Burnham Holdings Inc. (OTCMKTS:BURCAGet Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 162 shares, a drop of 36.5% from the June 15th total of 255 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 2,552 shares, the days-to-cover ratio is presently 0.1 days.

Burnham Stock Performance

Burnham stock opened at $24.50 on Friday. The firm has a fifty day simple moving average of $24.96 and a two-hundred day simple moving average of $25.33. 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 has a twelve month low of $22.04 and a twelve month high of $28.25. The company has a market capitalization of $84.28 million, a PE ratio of -5.35 and a beta of 0.15.

Burnham (OTCMKTS:BURCAGet Free Report) last announced its quarterly earnings data on Monday, April 27th. The industrial products company reported $0.72 earnings per share (EPS) 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

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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.

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