BT Brands, Inc. (NASDAQ:BTBD) Short Interest Down 29.2% in January

BT Brands, Inc. (NASDAQ:BTBD) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 32,479 shares, a decline of 29.2% from the December 31st total of 45,867 shares. Based on an average daily trading volume, of 28,576 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.7% of the company’s stock are sold short. Currently, 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 28,576 shares, the days-to-cover ratio is presently 1.1 days.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wall Street Zen raised shares of BT Brands to a “sell” rating in a research note on Saturday, October 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BT Brands in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

BT Brands Stock Performance

BTBD traded down $0.01 on Friday, reaching $1.33. The company had a trading volume of 24,926 shares, compared to its average volume of 30,723. The company has a quick ratio of 6.22, a current ratio of 6.80 and a debt-to-equity ratio of 0.25. BT Brands has a 1 year low of $1.00 and a 1 year high of $5.60. The stock has a market capitalization of $8.18 million, a PE ratio of -9.50 and a beta of 0.89. The stock has a 50-day moving average price of $1.48 and a 200-day moving average price of $1.66.

BT Brands (NASDAQ:BTBD) last released its earnings results on Tuesday, October 28th. The company reported $0.15 earnings per share for the quarter. BT Brands had a negative return on equity of 8.02% and a negative net margin of 6.67%.The firm had revenue of $3.85 million during the quarter.

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.