Short Interest in BT Brands, Inc. (NASDAQ:BTBD) Rises By 32.7%

BT Brands, Inc. (NASDAQ:BTBD) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 13,000 shares, an increase of 32.7% from the March 15th total of 9,800 shares. Based on an average daily volume of 11,500 shares, the short-interest ratio is presently 1.1 days. Currently, 0.4% of the shares of the stock are sold short.

BT Brands Price Performance

BTBD stock traded down $0.01 during mid-day trading on Friday, reaching $1.10. 3,819 shares of the company’s stock were exchanged, compared to its average volume of 8,361. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.94 and a quick ratio of 3.74. BT Brands has a 12-month low of $1.06 and a 12-month high of $2.02. The stock’s 50 day moving average is $1.41 and its 200 day moving average is $1.56. The company has a market cap of $6.77 million, a price-to-earnings ratio of -5.00 and a beta of 0.70.

BT Brands (NASDAQ:BTBD) last announced its earnings results on Monday, March 31st. The company reported ($0.19) earnings per share (EPS) for the quarter. The business had revenue of $3.17 million for the quarter. BT Brands had a negative net margin of 9.20% and a negative return on equity of 15.31%.

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.