Bridgford Foods Co. (NASDAQ:BRID) Short Interest Update

Bridgford Foods Co. (NASDAQ:BRID) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 4,500 shares, a growth of 18.4% from the July 31st total of 3,800 shares. Based on an average trading volume of 6,500 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the shares of the company are short sold.

Bridgford Foods Stock Performance

Bridgford Foods stock traded up $0.80 during midday trading on Friday, reaching $13.29. The stock had a trading volume of 30,916 shares, compared to its average volume of 5,407. Bridgford Foods has a 12 month low of $8.84 and a 12 month high of $14.69. The firm’s 50-day moving average price is $10.01 and its 200 day moving average price is $10.36. The firm has a market capitalization of $120.63 million, a PE ratio of 78.18 and a beta of -0.63. The company has a quick ratio of 2.43, a current ratio of 4.52 and a debt-to-equity ratio of 0.02.

Bridgford Foods (NASDAQ:BRID) last issued its quarterly earnings data on Friday, August 23rd. The company reported ($0.20) EPS for the quarter. Bridgford Foods had a return on equity of 1.11% and a net margin of 0.61%. The business had revenue of $49.26 million for the quarter.

Bridgford Foods Company Profile

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products.