BT Brands, Inc. (NASDAQ:BTBDW – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 956 shares. Based on an average daily volume of 1,247 shares, the days-to-cover ratio is currently 0.8 days.
BT Brands Trading Up 11.3%
Shares of BTBDW stock opened at $0.02 on Monday. The firm has a fifty day moving average price of $0.03 and a 200 day moving average price of $0.09. BT Brands has a 12 month low of $0.01 and a 12 month high of $0.29.
About BT Brands
BT Brands, Inc is a restaurant holding company that owns and operates quick-service and casual dining restaurants in the United States. Its portfolio has primarily included Burger Time restaurants, a regional quick-service burger concept known for hamburgers, fries, shakes, and other fast-food offerings.
The company has also expanded its restaurant portfolio through ownership and operation of additional franchised and independent concepts, including Dairy Queen locations. Its restaurants have served communities in the Upper Midwest and Northern Plains, including markets in North Dakota, South Dakota, Minnesota, and Montana.
BT Brands focuses on acquiring, developing, and operating restaurant businesses, with an emphasis on regional concepts and established franchise locations.
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