Short Interest in BT Brands, Inc. (NASDAQ:BTBD) Declines By 24.7%

BT Brands, Inc. (NASDAQ:BTBD) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 16,500 shares, a decline of 24.7% from the February 13th total of 21,900 shares. Based on an average trading volume of 9,400 shares, the short-interest ratio is presently 1.8 days. Currently, 0.5% of the shares of the stock are sold short.

BT Brands Price Performance

BT Brands stock traded down $0.01 during midday trading on Tuesday, hitting $1.40. The company’s stock had a trading volume of 5,212 shares, compared to its average volume of 7,631. BT Brands has a 12 month low of $1.21 and a 12 month high of $2.02. The company has a quick ratio of 3.74, a current ratio of 3.94 and a debt-to-equity ratio of 0.25. The stock’s 50-day moving average price is $1.68 and its 200-day moving average price is $1.63. The company has a market capitalization of $8.62 million, a PE ratio of -6.36 and a beta of 0.54.

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.