Butler National (OTCMKTS:BUKS) Short Interest Up 43.6% in August

Butler National (OTCMKTS:BUKS) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 5,600 shares, anincreaseof43.6% from the July 31st total of 3,900 shares. Based on an average daily volume of 60,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 60,700 shares, the days-to-cover ratio is presently 0.1 days.

Butler National Trading Down 1.9%

Shares of BUKS traded down $0.03 during mid-day trading on Monday, hitting $1.51. 37,552 shares of the company’s stock traded hands, compared to its average volume of 52,635. The firm has a market capitalization of $120.60 million, a P/E ratio of 8.39 and a beta of 0.24. The business’s 50-day moving average price is $1.61 and its 200-day moving average price is $1.56. Butler National has a 1 year low of $0.98 and a 1 year high of $1.98. The company has a quick ratio of 1.49, a current ratio of 1.94 and a debt-to-equity ratio of 0.46.

Butler National (OTCMKTS:BUKS) last released its earnings results on Thursday, July 3rd. The company reported $0.05 EPS for the quarter. The business had revenue of $21.60 million for the quarter. Butler National had a return on equity of 20.67% and a net margin of 14.95%.

About Butler National

Butler National Corporation, together with its subsidiaries, designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally.