Short Interest in BT Brands, Inc. (NASDAQ:BTBD) Rises By 9.2%

BT Brands, Inc. (NASDAQ:BTBD) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 23,800 shares, an increase of 9.2% from the November 30th total of 21,800 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 6,700 shares, the days-to-cover ratio is currently 3.6 days.

BT Brands Stock Performance

NASDAQ:BTBD opened at $1.44 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.74 and a current ratio of 3.94. BT Brands has a fifty-two week low of $1.25 and a fifty-two week high of $3.05. The company has a 50 day simple moving average of $1.57 and a two-hundred day simple moving average of $1.54. The company has a market capitalization of $8.86 million, a PE ratio of -6.55 and a beta of 0.47.

BT Brands Company Profile

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.