EACO Corp. (OTCMKTS:EACO) Sees Large Increase in Short Interest

EACO Corp. (OTCMKTS:EACO) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 35 shares, an increase of 3,400.0% from the December 15th total of 1 shares. Based on an average trading volume of 166 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 166 shares, the short-interest ratio is presently 0.2 days.

EACO Stock Down 2.4%

EACO stock traded down $2.00 during trading on Monday, reaching $83.00. 265 shares of the company’s stock were exchanged, compared to its average volume of 311. EACO has a 52-week low of $35.12 and a 52-week high of $86.00. The firm has a market cap of $403.55 million, a price-to-earnings ratio of 11.72 and a beta of 0.08. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.55 and a current ratio of 2.82. The company’s 50-day moving average is $79.69 and its two-hundred day moving average is $73.52.

EACO (OTCMKTS:EACO) last issued its quarterly earnings data on Thursday, January 8th. The financial services provider reported $1.90 EPS for the quarter. EACO had a return on equity of 23.69% and a net margin of 7.80%.The company had revenue of $110.95 million for the quarter.

About EACO

EACO Corporation, through its subsidiary, Bisco Industries, Inc, distributes and sells electronic components and fasteners in the United States, Asia, Canada, and internationally. It offers electronic components, such as spacers and standoffs, card guides and ejectors, component holders and fuses, circuit board connectors, and cable components, as well as various fasteners and hardware products. The company also provides customized services and solutions for various production needs, including special packaging, bin stocking, kitting and assembly, bar coding, electronic requisitioning, integrated supply programs, and others.