Bridgford Foods Co. (NASDAQ:BRID) Short Interest Update

Bridgford Foods Co. (NASDAQ:BRID) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 4,200 shares, an increase of 16.7% from the May 31st total of 3,600 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is presently 2.3 days. Currently, 0.3% of the company’s shares are short sold.

Bridgford Foods Trading Up 0.2 %

NASDAQ BRID opened at $9.94 on Wednesday. The stock has a market cap of $90.26 million, a PE ratio of 58.47 and a beta of -0.63. Bridgford Foods has a 12 month low of $9.86 and a 12 month high of $12.78. The company’s 50-day moving average price is $10.18 and its 200-day moving average price is $10.64. The company has a current ratio of 4.52, a quick ratio of 2.43 and a debt-to-equity ratio of 0.02.

Bridgford Foods (NASDAQ:BRID) last posted its quarterly earnings results on Friday, May 31st. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $47.31 million for the quarter. Bridgford Foods had a net margin of 0.61% and a return on equity of 1.11%.

Bridgford Foods Company Profile

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products.