Butler National Co. (OTCMKTS:BUKS) Sees Large Increase in Short Interest

Butler National Co. (OTCMKTS:BUKS) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 2,800 shares, a growth of 366.7% from the October 31st total of 600 shares. Based on an average daily volume of 156,000 shares, the days-to-cover ratio is currently 0.0 days.

Butler National Stock Down 0.9 %

BUKS traded down $0.02 during trading hours on Thursday, hitting $1.63. 26,610 shares of the company’s stock were exchanged, compared to its average volume of 47,948. The stock has a market cap of $111.28 million, a price-to-earnings ratio of 8.15 and a beta of 0.62. The stock’s 50-day moving average is $1.38 and its two-hundred day moving average is $1.09. Butler National has a 1-year low of $0.66 and a 1-year high of $1.72. The company has a quick ratio of 1.31, a current ratio of 1.74 and a debt-to-equity ratio of 0.57.

Butler National (OTCMKTS:BUKS) last released its quarterly earnings results on Friday, September 13th. The company reported $0.03 earnings per share for the quarter. Butler National had a net margin of 17.33% and a return on equity of 26.98%. The business had revenue of $19.83 million for 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 in North America, Europe, the Middle East, Asia, and internationally.