Short Interest in Biglari Holdings Inc. (NYSE:BH) Rises By 15.4%

Biglari Holdings Inc. (NYSE:BH) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 10,500 shares, a growth of 15.4% from the May 31st total of 9,100 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 2,600 shares, the short-interest ratio is presently 4.0 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Virtu Financial LLC bought a new stake in shares of Biglari during the 1st quarter worth about $223,000. Empowered Funds LLC boosted its stake in shares of Biglari by 6.9% during the 1st quarter. Empowered Funds LLC now owns 8,176 shares of the restaurant operator’s stock worth $1,551,000 after acquiring an additional 525 shares in the last quarter. GSA Capital Partners LLP boosted its stake in shares of Biglari by 5.5% during the 1st quarter. GSA Capital Partners LLP now owns 2,406 shares of the restaurant operator’s stock worth $456,000 after acquiring an additional 125 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Biglari by 81.6% during the 1st quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock worth $68,000 after acquiring an additional 160 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Biglari by 18.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,579 shares of the restaurant operator’s stock worth $425,000 after acquiring an additional 395 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com lowered Biglari from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 10th.

Biglari Trading Down 0.1 %

Shares of Biglari stock traded down $0.21 on Wednesday, reaching $184.80. 42 shares of the company were exchanged, compared to its average volume of 2,576. The stock has a fifty day moving average price of $195.96 and a 200-day moving average price of $181.66. The firm has a market capitalization of $421.34 million, a price-to-earnings ratio of 4.14 and a beta of 0.74. The company has a current ratio of 1.42, a quick ratio of 1.39 and a debt-to-equity ratio of 0.15. Biglari has a fifty-two week low of $137.01 and a fifty-two week high of $219.00.

Biglari (NYSE:BH) last posted its quarterly earnings results on Friday, May 10th. The restaurant operator reported $79.56 earnings per share for the quarter. The firm had revenue of $89.45 million for the quarter. Biglari had a return on equity of 2.11% and a net margin of 3.47%.

Biglari Company Profile

Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance.