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

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

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of BT Brands in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On BT Brands

An institutional investor recently raised its position in BT Brands stock. DRW Securities LLC raised its position in shares of BT Brands, Inc. (NASDAQ:BTBD) by 758.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 126,396 shares of the company’s stock after purchasing an additional 111,679 shares during the quarter. DRW Securities LLC owned approximately 2.06% of BT Brands worth $176,000 at the end of the most recent quarter. 0.44% of the stock is currently owned by hedge funds and other institutional investors.

BT Brands Price Performance

BTBD stock traded down $0.01 during midday trading on Friday, reaching $1.29. The company had a trading volume of 18,194 shares, compared to its average volume of 55,598. BT Brands has a 1-year low of $1.00 and a 1-year high of $5.60. The stock has a 50 day moving average price of $1.38 and a 200-day moving average price of $1.61. The company has a debt-to-equity ratio of 0.25, a current ratio of 6.80 and a quick ratio of 6.22. The company has a market capitalization of $7.93 million, a price-to-earnings ratio of -9.21 and a beta of 0.89.

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

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.