Short Interest in BT Brands, Inc. (NASDAQ:BTBD) Rises By 9.2%

BT Brands, Inc. (NASDAQ:BTBD) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 23,800 shares, an increase of 9.2% from the November 30th total of 21,800 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is presently 3.6 days.

BT Brands Stock Performance

NASDAQ:BTBD traded down $0.13 on Wednesday, reaching $1.44. 5,223 shares of the company’s stock were exchanged, compared to its average volume of 50,362. The firm has a market cap of $8.86 million, a price-to-earnings ratio of -6.55 and a beta of 0.47. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.94 and a quick ratio of 3.74. The stock has a fifty day simple moving average of $1.58 and a 200-day simple moving average of $1.55. BT Brands has a 52 week low of $1.25 and a 52 week high of $3.05.

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.