Short Interest in BT Brands, Inc. (NASDAQ:BTBD) Declines By 45.4%

BT Brands, Inc. (NASDAQ:BTBD) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 13,000 shares, a decrease of 45.4% from the December 15th total of 23,800 shares. Based on an average trading volume of 7,600 shares, the short-interest ratio is presently 1.7 days. Currently, 0.4% of the shares of the stock are sold short.

BT Brands Price Performance

Shares of BT Brands stock traded up $0.02 during trading on Tuesday, hitting $1.68. The stock had a trading volume of 12,949 shares, compared to its average volume of 17,125. The business has a fifty day moving average of $1.58 and a two-hundred day moving average of $1.55. The firm has a market cap of $10.34 million, a P/E ratio of -7.64 and a beta of 0.47. BT Brands has a fifty-two week low of $1.25 and a fifty-two week high of $2.60. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.94 and a quick ratio of 3.74.

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.