Short Interest in Butler National Co. (OTCMKTS:BUKS) Drops By 87.1%

Butler National Co. (OTCMKTS:BUKS) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 400 shares, a drop of 87.1% from the July 15th total of 3,100 shares. Based on an average daily trading volume, of 127,200 shares, the short-interest ratio is currently 0.0 days.

Butler National Stock Performance

Shares of OTCMKTS BUKS traded down $0.02 during midday trading on Wednesday, hitting $0.90. 163,679 shares of the company’s stock were exchanged, compared to its average volume of 37,215. Butler National has a twelve month low of $0.57 and a twelve month high of $0.95. The firm has a market cap of $71.68 million, a P/E ratio of 9.20 and a beta of 0.61. The stock’s 50 day moving average price is $0.87 and its 200-day moving average price is $0.83. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.68 and a quick ratio of 1.27.

Butler National (OTCMKTS:BUKS) last posted its quarterly earnings data on Tuesday, July 23rd. The company reported $0.07 earnings per share for the quarter. Butler National had a net margin of 15.96% and a return on equity of 25.79%. The business had revenue of $22.63 million during the quarter.

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 worldwide. The company operates in two segments, Aerospace Products and Professional Services.