Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) Short Interest Update

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,100 shares, a decline of 34.4% from the February 28th total of 3,200 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.4% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Flanigan’s Enterprises in a research report on Saturday, January 11th. They set a “hold” rating for the company.

Flanigan’s Enterprises Stock Down 2.0 %

Shares of NYSEAMERICAN BDL traded down $0.51 during mid-day trading on Friday, hitting $24.99. The stock had a trading volume of 1,813 shares, compared to its average volume of 2,931. Flanigan’s Enterprises has a 1 year low of $23.94 and a 1 year high of $29.72. The company has a market cap of $46.48 million, a price-to-earnings ratio of 14.12 and a beta of 0.68. The company has a quick ratio of 1.16, a current ratio of 1.46 and a debt-to-equity ratio of 0.27.

Flanigan’s Enterprises Company Profile

Flanigan’s Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy’s Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan’s Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.