Short Interest in BT Brands, Inc. (NASDAQ:BTBD) Drops By 40.6%

BT Brands, Inc. (NASDAQ:BTBD) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 9,800 shares, a decrease of 40.6% from the February 28th total of 16,500 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 11,000 shares, the short-interest ratio is presently 0.9 days.

BT Brands Stock Up 4.7 %

NASDAQ BTBD opened at $1.33 on Monday. The company has a current ratio of 3.94, a quick ratio of 3.74 and a debt-to-equity ratio of 0.25. BT Brands has a 12 month low of $1.21 and a 12 month high of $2.02. The stock’s 50 day moving average is $1.62 and its 200 day moving average is $1.61. The stock has a market cap of $8.19 million, a PE ratio of -6.05 and a beta of 0.54.

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.