Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) Short Interest Update

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, a drop of 34.4% from the February 28th total of 3,200 shares. Based on an average daily volume of 2,300 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.4% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Flanigan’s Enterprises in a research note on Saturday, January 11th. They set a “hold” rating for the company.

Flanigan’s Enterprises Stock Performance

Shares of NYSEAMERICAN BDL traded down $0.51 during midday trading on Friday, reaching $24.99. The stock had a trading volume of 1,813 shares, compared to its average volume of 2,931. The stock has a market cap of $46.48 million, a PE ratio of 14.12 and a beta of 0.68. Flanigan’s Enterprises has a 12-month low of $23.94 and a 12-month high of $29.72. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.46 and a quick ratio of 1.16.

Flanigan’s Enterprises Company Profile

Flanigan’s Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy’s Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan’s Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.