BT Brands, Inc. (NASDAQ:BTBD) Short Interest Update

BT Brands, Inc. (NASDAQ:BTBD) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 13,000 shares, a drop of 45.4% from the December 31st total of 23,800 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 7,600 shares, the days-to-cover ratio is currently 1.7 days.

BT Brands Price Performance

BTBD traded up $0.05 on Wednesday, hitting $1.86. 2,857 shares of the company’s stock traded hands, compared to its average volume of 12,750. The company’s 50 day simple moving average is $1.59 and its 200-day simple moving average is $1.56. The company has a current ratio of 3.94, a quick ratio of 3.74 and a debt-to-equity ratio of 0.25. BT Brands has a one year low of $1.25 and a one year high of $2.18. The firm has a market cap of $11.44 million, a price-to-earnings ratio of -8.45 and a beta of 0.47.

BT Brands Company Profile

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.