Biglari Holdings Inc (NYSE:BH.A) Short Interest Update
Biglari Holdings Inc (NYSE:BH.A) saw a large drop in short interest in November. As of November 29th, there was short interest totalling 1,000 shares, a drop of 9.1% from the November 14th total of 1,100 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 2.5 days.
Separately, ValuEngine raised Biglari from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd.
BH.A remained flat at $$580.00 during midday trading on Friday. The company’s stock had a trading volume of 12 shares, compared to its average volume of 506. Biglari has a 1-year low of $409.10 and a 1-year high of $817.00. The company’s 50-day moving average is $539.15 and its two-hundred day moving average is $521.71.
Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. The company owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. As of December 31, 2018, it operated 413 Steak n Shake company-operated restaurants and 213 franchised units; and 4 Western Sizzlin company-operated restaurants and 55 franchised units.
Further Reading: Cost of Equity For A Business, Investors
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