Short Interest in BT Brands, Inc. (NASDAQ:BTBD) Decreases By 18.2%

BT Brands, Inc. (NASDAQ:BTBD) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 13,000 shares, a drop of 18.2% from the July 15th total of 15,900 shares. Based on an average trading volume of 7,300 shares, the short-interest ratio is presently 1.8 days. Approximately 0.4% of the company’s shares are short sold.

BT Brands Stock Up 1.6 %

BT Brands stock traded up $0.02 during midday trading on Friday, hitting $1.28. 2,274 shares of the stock were exchanged, compared to its average volume of 76,754. BT Brands has a 1 year low of $1.25 and a 1 year high of $3.05. The firm has a market cap of $7.99 million, a P/E ratio of -6.10 and a beta of 0.49. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.74 and a quick ratio of 4.58. The company has a 50 day moving average price of $1.46 and a two-hundred day moving average price of $1.59.

BT Brands (NASDAQ:BTBD) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $4.11 million during the quarter. BT Brands had a negative net margin of 9.13% and a negative return on equity of 13.91%.

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.