BT Brands, Inc. (NASDAQ:BTBDW) Sees Large Decrease in Short Interest

BT Brands, Inc. (NASDAQ:BTBDW) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 24 shares, a decline of 67.1% from the May 31st total of 73 shares. Based on an average trading volume of 1,102 shares, the days-to-cover ratio is currently 0.0 days.

BT Brands Stock Performance

BTBDW stock traded down $0.01 during midday trading on Friday, hitting $0.05. 101 shares of the stock were exchanged, compared to its average volume of 5,064. BT Brands has a fifty-two week low of $0.04 and a fifty-two week high of $0.78. The stock’s 50-day moving average price is $0.09 and its 200-day moving average price is $0.13.

BT Brands Company Profile

BT Brands, Inc owns and operates fast-food restaurants in the north central region of United States. The company operates nine 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, side dishes, and soft drinks; and Dairy Queen restaurant offers burgers, chicken, sides, ice cream and other desserts, and various beverages.