BT Brands, Inc. (NASDAQ:BTBD) Short Interest Up 16.3% in September

BT Brands, Inc. (NASDAQ:BTBD) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 20,000 shares, a growth of 16.3% from the September 15th total of 17,200 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is currently 4.3 days. Currently, 0.7% of the shares of the stock are short sold.

BT Brands Price Performance

BT Brands stock traded down $0.01 during mid-day trading on Tuesday, reaching $1.62. 2,214 shares of the company’s stock traded hands, compared to its average volume of 61,848. BT Brands has a 12-month low of $1.25 and a 12-month high of $3.05. The company has a quick ratio of 3.76, a current ratio of 3.96 and a debt-to-equity ratio of 0.25. The stock has a 50 day moving average of $1.54 and a two-hundred day moving average of $1.51. The company has a market cap of $10.13 million, a price-to-earnings ratio of -7.72 and a beta of 0.52.

BT Brands (NASDAQ:BTBD) last announced its earnings results on Tuesday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $4.11 million for the quarter. BT Brands had a negative net margin of 7.91% and a negative return on equity of 12.45%.

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.