BT Brands, Inc. (NASDAQ:BTBD) Sees Significant Growth in Short Interest

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 volume of 6,400 shares, the short-interest ratio is presently 3.7 days. Approximately 0.8% of the company’s stock are short sold.

BT Brands Price Performance

Shares of NASDAQ:BTBD remained flat at $1.55 during midday trading on Friday. 189 shares of the company were exchanged, compared to its average volume of 7,972. The stock has a 50-day simple moving average of $1.63 and a 200 day simple moving average of $1.51. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.76 and a current ratio of 3.94. BT Brands has a 52 week low of $1.25 and a 52 week high of $3.05.

About BT Brands

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.