Short Interest in Butler National (OTCMKTS:BUKS) Drops By 67.0%

Butler National (OTCMKTS:BUKS) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 1,873 shares, a drop of 67.0% from the January 15th total of 5,673 shares. Based on an average trading volume of 117,513 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 117,513 shares, the days-to-cover ratio is presently 0.0 days.

Butler National Price Performance

BUKS stock opened at $2.98 on Wednesday. The company has a market capitalization of $238.46 million, a P/E ratio of 11.92 and a beta of 0.23. Butler National has a 52-week low of $1.30 and a 52-week high of $3.19. The business has a 50-day simple moving average of $2.92 and a two-hundred day simple moving average of $2.33. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.54 and a current ratio of 1.96.

Butler National (OTCMKTS:BUKS) last posted its earnings results on Thursday, December 11th. The company reported $0.09 earnings per share for the quarter. Butler National had a return on equity of 24.93% and a net margin of 19.02%.The company had revenue of $23.25 million for the quarter.

About Butler National

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 in North America, Europe, the Middle East, Asia, and internationally. It operates through two segments, Aerospace Products and Professional Services. The Aerospace Products segment provides aircraft modifications to business-size aircraft, which include passenger-to-freighter configuration, radar systems, addition of aerial photography capabilities, search and rescue, environmental research, mapping, intelligence surveillance reconnaissance modifications, and stability enhancing modifications for Learjet, Beechcraft, and Cessna aircraft along with other specialized modifications.