Short Interest in BT Brands, Inc. (NASDAQ:BTBD) Rises By 19.2%

BT Brands, Inc. (NASDAQ:BTBD) was the target of a significant growth in short interest in October. As of October 31st, there was short interest totalling 23,600 shares, a growth of 19.2% from the October 15th total of 19,800 shares. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is currently 3.7 days. Currently, 0.8% of the company’s shares are sold short.

BT Brands Stock Performance

Shares of NASDAQ BTBD remained flat at $1.55 during trading on Friday. The stock had a trading volume of 189 shares, compared to its average volume of 8,253. BT Brands has a twelve month low of $1.25 and a twelve month high of $3.05. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.76 and a current ratio of 3.96. The stock has a fifty day moving average price of $1.63 and a 200-day moving average price of $1.51. The stock has a market capitalization of $9.60 million, a P/E ratio of -7.05 and a beta of 0.51.

BT Brands (NASDAQ:BTBD) last released its earnings results on Tuesday, August 13th. The company reported ($0.01) EPS for the quarter. The company had revenue of $4.11 million for the quarter. BT Brands had a negative return on equity of 15.14% and a negative net margin of 9.20%.

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.