BT Brands, Inc. (NASDAQ:BTBD) Short Interest Down 22.0% in December

BT Brands, Inc. (NASDAQ:BTBD) saw a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 54,706 shares, a decrease of 22.0% from the November 30th total of 70,099 shares. Based on an average daily trading volume, of 14,986 shares, the days-to-cover ratio is currently 3.7 days. Approximately 1.1% of the shares of the company are short sold. Approximately 1.1% of the shares of the company are short sold. Based on an average daily trading volume, of 14,986 shares, the days-to-cover ratio is currently 3.7 days.

Analysts Set New Price Targets

BTBD has been the topic of several recent research reports. Wall Street Zen raised shares of BT Brands to a “sell” rating in a report on Saturday, October 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of BT Brands in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, BT Brands has a consensus rating of “Sell”.

BT Brands Trading Down 1.4%

Shares of NASDAQ:BTBD opened at $1.42 on Tuesday. BT Brands has a 12-month low of $1.00 and a 12-month high of $5.60. The company has a market capitalization of $8.73 million, a PE ratio of -10.14 and a beta of 0.88. The business has a 50 day moving average of $1.58 and a two-hundred day moving average of $1.63. The company has a current ratio of 6.80, a quick ratio of 6.22 and a debt-to-equity ratio of 0.25.

BT Brands (NASDAQ:BTBD) last issued its quarterly earnings data on Tuesday, October 28th. The company reported $0.15 EPS for the quarter. The business had revenue of $3.85 million for the quarter. BT Brands had a negative net margin of 6.67% and a negative return on equity of 8.02%.

BT Brands Company Profile

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.