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

BT Brands, Inc. (NASDAQ:BTBD) was the recipient of a large growth in short interest in February. As of February 13th, there was short interest totaling 41,789 shares, a growth of 65.4% from the January 29th total of 25,258 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 21,574 shares, the short-interest ratio is presently 1.9 days. Based on an average daily trading volume, of 21,574 shares, the short-interest ratio is presently 1.9 days. Currently, 0.8% of the company’s shares are sold short.

Hedge Funds Weigh In On BT Brands

An institutional investor recently raised its position in BT Brands stock. DRW Securities LLC lifted its holdings in shares of BT Brands, Inc. (NASDAQ:BTBD) by 758.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 126,396 shares of the company’s stock after acquiring an additional 111,679 shares during the quarter. DRW Securities LLC owned 2.06% of BT Brands worth $176,000 at the end of the most recent quarter. Institutional investors and hedge funds own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of BT Brands in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

BT Brands Stock Down 0.8%

NASDAQ:BTBD traded down $0.01 during trading hours on Friday, hitting $1.29. 18,194 shares of the company traded hands, compared to its average volume of 55,598. BT Brands has a one year low of $1.00 and a one year high of $5.60. The company has a quick ratio of 6.22, a current ratio of 6.80 and a debt-to-equity ratio of 0.25. The company has a market cap of $7.93 million, a PE ratio of -9.21 and a beta of 0.89. The firm’s 50-day simple moving average is $1.38 and its 200-day simple moving average is $1.61.

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

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.