BT Brands, Inc. (NASDAQ:BTBD) Short Interest Up 19.2% in October

BT Brands, Inc. (NASDAQ:BTBD) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 23,600 shares, a growth of 19.2% from the October 15th total of 19,800 shares. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is presently 3.7 days. Approximately 0.8% of the shares of the stock are sold short.

BT Brands Stock Performance

Shares of BTBD remained flat at $1.55 during midday trading on Friday. The stock had a trading volume of 189 shares, compared to its average volume of 7,972. BT Brands has a 12-month low of $1.25 and a 12-month high of $3.05. The company has a quick ratio of 3.76, a current ratio of 3.94 and a debt-to-equity ratio of 0.25. The stock’s 50 day moving average is $1.63 and its 200-day moving average is $1.51.

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.