BurgerFi International, Inc. (NASDAQ:BFIIW) Sees Significant Increase in Short Interest

BurgerFi International, Inc. (NASDAQ:BFIIW) was the target of a large growth in short interest in July. As of July 31st, there was short interest totalling 14,100 shares, a growth of 16.5% from the July 15th total of 12,100 shares. Based on an average daily volume of 26,500 shares, the days-to-cover ratio is currently 0.5 days.

BurgerFi International Stock Down 25.3 %

Shares of NASDAQ BFIIW traded down $0.02 during midday trading on Friday, reaching $0.06. The company’s stock had a trading volume of 24,539 shares, compared to its average volume of 18,026. The business’s 50 day moving average price is $0.03 and its two-hundred day moving average price is $0.03. BurgerFi International has a fifty-two week low of $0.01 and a fifty-two week high of $0.16.

BurgerFi International Company Profile

BurgerFi International, Inc, together with its subsidiaries, owns and franchises fast-casual and premium-casual dining restaurants under BurgerFi and Anthony's brand name in the United States. It operates through BurgerFi and Anthony's segments. The company's restaurants offer burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine; and pizza, coal fired chicken wings, homemade meatballs, and a variety of handcrafted sandwiches and salads.