Short Interest in Butler National (OTCMKTS:BUKS) Drops By 73.2%

Butler National (OTCMKTS:BUKS) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 5,673 shares, a decline of 73.2% from the December 31st total of 21,182 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 129,755 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 129,755 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Butler National Trading Up 3.3%

Shares of BUKS opened at $3.04 on Wednesday. The company has a current ratio of 1.96, a quick ratio of 1.54 and a debt-to-equity ratio of 0.38. The stock has a market cap of $243.20 million, a PE ratio of 12.16 and a beta of 0.25. Butler National has a 1 year low of $1.30 and a 1 year high of $3.19. The stock has a 50 day simple moving average of $2.79 and a 200-day simple moving average of $2.24.

Butler National (OTCMKTS:BUKS) last announced its quarterly earnings results on Thursday, December 11th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $23.25 million for the quarter. Butler National had a return on equity of 24.93% and a net margin of 19.02%.

Butler National Company Profile

Butler National Corporation, together with its subsidiaries, designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally. It operates through two segments, Aerospace Products and Professional Services. The Aerospace Products segment provides aircraft modifications to business-size aircraft, which include passenger-to-freighter configuration, radar systems, addition of aerial photography capabilities, search and rescue, environmental research, mapping, intelligence surveillance reconnaissance modifications, and stability enhancing modifications for Learjet, Beechcraft, and Cessna aircraft along with other specialized modifications.