EACO Corp. (OTCMKTS:EACO) Short Interest Down 62.9% in January

EACO Corp. (OTCMKTS:EACO) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 13 shares, a drop of 62.9% from the December 31st total of 35 shares. Based on an average daily trading volume, of 531 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 531 shares, the short-interest ratio is presently 0.0 days.

EACO Price Performance

EACO opened at $87.00 on Wednesday. EACO has a twelve month low of $35.12 and a twelve month high of $87.00. The company’s 50-day moving average price is $81.57 and its two-hundred day moving average price is $76.60. The stock has a market cap of $422.82 million, a price-to-earnings ratio of 12.29 and a beta of 0.08. The company has a quick ratio of 1.73, a current ratio of 3.37 and a debt-to-equity ratio of 0.02.

EACO (OTCMKTS:EACO) last posted its quarterly earnings results on Thursday, January 8th. The financial services provider reported $1.90 EPS for the quarter. EACO had a net margin of 7.80% and a return on equity of 22.97%. 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.