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

BT Brands, Inc. (NASDAQ:BTBD) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 5,300 shares, a decrease of 15.9% from the March 15th total of 6,300 shares. Based on an average daily trading volume, of 159,300 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the shares of the company are short sold.

BT Brands Price Performance

Shares of NASDAQ:BTBD remained flat at $1.77 during midday trading on Tuesday. The company had a trading volume of 419 shares, compared to its average volume of 152,321. The company has a quick ratio of 4.53, a current ratio of 4.66 and a debt-to-equity ratio of 0.25. BT Brands has a 12 month low of $1.45 and a 12 month high of $3.05. The company has a market capitalization of $11.03 million, a price-to-earnings ratio of -11.03 and a beta of 0.49. The business’s 50 day moving average price is $1.79 and its two-hundred day moving average price is $1.97.

BT Brands (NASDAQ:BTBD) last released its quarterly earnings data on Thursday, March 28th. The company reported ($0.10) earnings per share (EPS) for the quarter. BT Brands had a negative net margin of 7.05% and a negative return on equity of 10.37%. The company had revenue of $3.00 million for the quarter.

Institutional Investors Weigh In On BT Brands

An institutional investor recently raised its position in BT Brands stock. Tower Research Capital LLC TRC lifted its position in shares of BT Brands, Inc. (NASDAQ:BTBD) by 194.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,173 shares of the company’s stock after purchasing an additional 8,033 shares during the quarter. Tower Research Capital LLC TRC owned about 0.19% of BT Brands worth $26,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 0.44% of the company’s stock.

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.