BT Brands, Inc. (NASDAQ:BTBDW) Sees Significant Drop in Short Interest

by · The Cerbat Gem

BT Brands, Inc. (NASDAQ:BTBDW – Get Free Report) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 686 shares, a decrease of 44.0% from the December 15th total of 1,224 shares. Based on an average daily trading volume, of 1,609 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 1,609 shares, the short-interest ratio is currently 0.4 days.

BT Brands Stock Performance

Shares of BTBDW opened at $0.12 on Thursday. The business has a 50-day simple moving average of $0.14 and a two-hundred day simple moving average of $0.19. BT Brands has a 52 week low of $0.03 and a 52 week high of $0.78.

BT Brands Company Profile

(Get Free Report)

BT Brands, Inc owns and operates fast-food restaurants in the north central region of United States. The company operates nine 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, side dishes, and soft drinks; and Dairy Queen restaurant offers burgers, chicken, sides, ice cream and other desserts, and various beverages.

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