BT Brands, Inc. (NASDAQ:BTBD) Sees Significant Growth in Short Interest

BT Brands, Inc. (NASDAQ:BTBD) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 21,100 shares, a growth of 44.5% from the May 31st total of 14,600 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 7,100 shares, the short-interest ratio is currently 3.0 days.

BT Brands Price Performance

BTBD stock traded down $0.01 during trading on Friday, reaching $1.59. 5,108 shares of the company were exchanged, compared to its average volume of 14,808. BT Brands has a 52-week low of $1.25 and a 52-week high of $3.05. The company has a debt-to-equity ratio of 0.25, a quick ratio of 4.58 and a current ratio of 4.74. The company has a market cap of $9.95 million, a P/E ratio of -7.58 and a beta of 0.43. The stock’s 50 day moving average price is $1.47 and its 200 day moving average price is $1.81.

BT Brands (NASDAQ:BTBD) last announced its quarterly earnings results on Wednesday, May 15th. The company reported ($0.07) EPS for the quarter. The firm had revenue of $3.19 million for the quarter. BT Brands had a negative return on equity of 13.91% and a negative net margin of 9.13%.

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.