BurgerFi International, Inc. (NASDAQ:BFI) Short Interest Up 2,528.6% in July

BurgerFi International, Inc. (NASDAQ:BFI) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 3,680,000 shares, a growth of 2,528.6% from the July 15th total of 140,000 shares. Approximately 24.8% of the company’s shares are short sold. Based on an average daily trading volume, of 7,260,000 shares, the short-interest ratio is presently 0.5 days.

BurgerFi International Trading Down 2.1 %

BFI stock opened at $0.37 on Wednesday. The company has a quick ratio of 0.10, a current ratio of 0.12 and a debt-to-equity ratio of 0.32. The company has a market cap of $10.19 million, a price-to-earnings ratio of -0.35 and a beta of 0.51. The business has a fifty day simple moving average of $0.27 and a 200-day simple moving average of $0.44. BurgerFi International has a 52 week low of $0.13 and a 52 week high of $1.84.

BurgerFi International (NASDAQ:BFI) last announced its quarterly earnings results on Wednesday, May 15th. The company reported ($0.24) EPS for the quarter. The firm had revenue of $42.88 million for the quarter. BurgerFi International had a negative return on equity of 34.77% and a negative net margin of 16.80%.

Institutional Trading of BurgerFi International

An institutional investor recently raised its position in BurgerFi International stock. M&T Bank Corp raised its holdings in shares of BurgerFi International, Inc. (NASDAQ:BFI) by 536.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 201,700 shares of the company’s stock after buying an additional 170,000 shares during the period. M&T Bank Corp owned about 0.75% of BurgerFi International worth $173,000 at the end of the most recent reporting period. 15.14% of the stock is currently owned by institutional investors and hedge funds.

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 handcrafted sandwiches and salads.