Short Interest in Butler National Co. (OTCMKTS:BUKS) Rises By 61.4%

Butler National Co. (OTCMKTS:BUKS) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 9,200 shares, an increase of 61.4% from the September 15th total of 5,700 shares. Based on an average daily volume of 142,300 shares, the days-to-cover ratio is presently 0.1 days.

Butler National Price Performance

BUKS stock traded down $0.02 during mid-day trading on Monday, reaching $1.39. 30,200 shares of the company traded hands, compared to its average volume of 41,893. The company has a fifty day moving average price of $1.15 and a 200-day moving average price of $0.95. Butler National has a 52-week low of $0.57 and a 52-week high of $1.43. The company has a market capitalization of $110.31 million, a P/E ratio of 13.85 and a beta of 0.63. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.74 and a quick ratio of 1.31.

Butler National (OTCMKTS:BUKS) last posted its earnings results on Friday, September 13th. The company reported $0.03 earnings per share for the quarter. Butler National had a net margin of 17.33% and a return on equity of 26.98%. The business had revenue of $19.83 million for the quarter.

Butler National Company Profile

Butler National Corporation, together with its subsidiaries, designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems worldwide. The company operates in two segments, Aerospace Products and Professional Services.