Butler National (OTCMKTS:BUKS) Sees Significant Growth in Short Interest

Butler National (OTCMKTS:BUKS) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 22,749 shares, a growth of 1,114.6% from the January 29th total of 1,873 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 58,575 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 58,575 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Butler National Stock Down 2.5%

OTCMKTS:BUKS traded down $0.09 on Wednesday, hitting $3.33. The stock had a trading volume of 116,662 shares, compared to its average volume of 59,515. The company has a quick ratio of 1.54, a current ratio of 1.96 and a debt-to-equity ratio of 0.38. The business’s fifty day moving average is $3.05 and its 200 day moving average is $2.44. The company has a market cap of $266.70 million, a PE ratio of 13.34 and a beta of 0.23. Butler National has a 52 week low of $1.30 and a 52 week high of $3.45.

Butler National (OTCMKTS:BUKS) last announced its quarterly earnings data 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 business had revenue of $23.25 million during 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 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.