BT Brands, Inc. (NASDAQ:BTBD) Short Interest Update

BT Brands, Inc. (NASDAQ:BTBD) was the recipient of a large decrease in short interest in January. As of January 15th, there was short interest totalling 13,000 shares, a decrease of 45.4% from the December 31st total of 23,800 shares. Based on an average daily trading volume, of 7,600 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.4% of the shares of the stock are sold short.

BT Brands Trading Up 2.8 %

BTBD stock traded up $0.05 during midday trading on Wednesday, reaching $1.86. 2,857 shares of the company traded hands, compared to its average volume of 12,750. The firm has a market capitalization of $11.44 million, a price-to-earnings ratio of -8.45 and a beta of 0.47. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.74 and a current ratio of 3.94. The business has a 50 day moving average of $1.59 and a 200-day moving average of $1.56. BT Brands has a 52-week low of $1.25 and a 52-week high of $2.18.

About BT Brands

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.