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Burnham Holdings Inc. (OTCMKTS:BURCA) Short Interest Down 66.7% in July

Burnham logo with Industrials background

Key Points

  • The short interest in Burnham Holdings Inc. (OTCMKTS:BURCA) decreased by 66.7% in July, dropping from 300 shares to just 100 shares as of July 31st.
  • Burnham reported a $0.23 EPS for the quarter ending July 24th, with a net margin of 5.93% and revenue of $52.97 million.
  • As of the latest update, Burnham's stock has experienced a 12-month low of $12.52 and a high of $26.25, with a market cap of $84.75 million.
  • Want stock alerts on Burnham? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Burnham Holdings Inc. (OTCMKTS:BURCA - Get Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, adropof66.7% from the July 15th total of 300 shares. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 0.0 days. Currently,0.0% of the shares of the stock are short sold. Currently,0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,500 shares, the short-interest ratio is currently 0.0 days.

Burnham Price Performance

Shares of OTCMKTS BURCA traded down $0.24 during mid-day trading on Wednesday, reaching $23.26. The company had a trading volume of 353 shares, compared to its average volume of 2,822. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 2.46. Burnham has a one year low of $12.75 and a one year high of $26.25. The firm has a market cap of $79.08 million, a price-to-earnings ratio of 6.68 and a beta of 0.17. The business's 50-day simple moving average is $24.28 and its 200 day simple moving average is $20.73.

Burnham (OTCMKTS:BURCA - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The industrial products company reported $0.23 EPS for the quarter. Burnham had a return on equity of 13.16% and a net margin of 5.93%.The company had revenue of $52.97 million for the quarter.

Burnham Company Profile

(Get Free Report)

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.

Further Reading

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