BurgerFi International, Inc. (NASDAQ:BFI) Sees Large Decline in Short Interest

BurgerFi International, Inc. (NASDAQ:BFI) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 1,080,000 shares, a drop of 5.3% from the August 15th total of 1,140,000 shares. Based on an average trading volume of 7,780,000 shares, the short-interest ratio is currently 0.1 days. Approximately 8.0% of the company’s shares are sold short.

BurgerFi International Stock Down 13.1 %

Shares of NASDAQ:BFI opened at $0.15 on Friday. The firm has a market cap of $4.06 million, a P/E ratio of -0.13 and a beta of 0.47. BurgerFi International has a 12-month low of $0.12 and a 12-month high of $1.28. The business has a fifty day simple moving average of $0.26 and a 200 day simple moving average of $0.36. The company has a quick ratio of 0.10, a current ratio of 0.12 and a debt-to-equity ratio of 0.32.

About BurgerFi International

BurgerFi International, Inc, together with its subsidiaries, owns and franchises fast-casual and premium-casual dining restaurants under BurgerFi and Anthony's brand name in the United States. It operates through BurgerFi and Anthony's segments. The company's restaurants offer burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine; and pizza, coal fired chicken wings, homemade meatballs, and handcrafted sandwiches and salads.