BT Brands, Inc. (NASDAQ:BTBD) Short Interest Down 40.6% in March

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

BT Brands Price Performance

Shares of NASDAQ:BTBD traded up $0.06 during midday trading on Friday, hitting $1.33. The stock had a trading volume of 8,258 shares, compared to its average volume of 8,090. The company’s 50-day moving average price is $1.62 and its 200-day moving average price is $1.61. BT Brands has a fifty-two week low of $1.21 and a fifty-two week high of $2.02. The company has a quick ratio of 3.74, a current ratio of 3.94 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $8.19 million, a P/E ratio of -6.05 and a beta of 0.54.

BT Brands Company Profile

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.