Short Interest in BT Brands, Inc. (NASDAQ:BTBD) Grows By 19.2%

BT Brands, Inc. (NASDAQ:BTBD) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 23,600 shares, an increase of 19.2% from the October 15th total of 19,800 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average trading volume of 6,400 shares, the days-to-cover ratio is presently 3.7 days.

BT Brands Stock Performance

BTBD remained flat at $1.55 during midday trading on Friday. 189 shares of the company’s stock traded hands, compared to its average volume of 8,253. The stock has a market cap of $9.60 million, a P/E ratio of -7.05 and a beta of 0.51. The stock’s 50-day moving average price is $1.63 and its 200 day moving average price is $1.51. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.96 and a quick ratio of 3.76. BT Brands has a fifty-two week low of $1.25 and a fifty-two week high of $3.05.

BT Brands (NASDAQ:BTBD) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. BT Brands had a negative return on equity of 15.14% and a negative net margin of 9.20%. The firm had revenue of $4.11 million during the quarter.

About BT Brands

BT Brands, Inc owns and operates fast-food restaurants in the north central region of United States. The company operates Burger Time restaurants located in Minnesota, North Dakota, and South Dakota; and a Dairy Queen franchise in Ham Lake, Minnesota. Its Burger Time restaurants provide various burgers and other food products, such as chicken sandwiches, pulled pork sandwiches, chicken chunks, side dishes, and soft drinks; and Dairy Queen restaurant offers burgers, chicken, sides, ice cream and other desserts, and various beverages.