Short Interest in Burnham Holdings, Inc. (OTCMKTS:BURCA) Expands By 1,050.0%

Burnham Holdings, Inc. (OTCMKTS:BURCA) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 2,300 shares, a growth of 1,050.0% from the September 30th total of 200 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 1.0 days.

Burnham Stock Performance

Burnham stock remained flat at $14.09 during mid-day trading on Friday. The company’s stock had a trading volume of 1 shares, compared to its average volume of 2,858. The stock has a market capitalization of $47.18 million, a price-to-earnings ratio of 7.04 and a beta of 0.33. Burnham has a 52 week low of $11.50 and a 52 week high of $15.01. The stock has a fifty day moving average price of $13.40 and a 200-day moving average price of $13.02. The company has a current ratio of 3.17, a quick ratio of 1.04 and a debt-to-equity ratio of 0.44.

Burnham (OTCMKTS:BURCA) last issued its quarterly earnings results on Thursday, July 25th. The industrial products company reported $0.18 EPS for the quarter. Burnham had a return on equity of 9.28% and a net margin of 3.67%. The company had revenue of $55.39 million during 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.