Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) Short Interest Up 5,400.0% in May

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) was the target of a significant increase in short interest during the month of May. As of May 28th, there was short interest totalling 22,000 shares, an increase of 5,400.0% from the May 13th total of 400 shares. Currently, 5.9% of the shares of the stock are sold short. Based on an average trading volume of 30,000 shares, the days-to-cover ratio is currently 0.7 days.

BDL traded up $0.45 during trading on Friday, reaching $34.70. The stock had a trading volume of 104 shares, compared to its average volume of 19,907. The stock has a market capitalization of $64.54 million, a PE ratio of 19.91 and a beta of 0.89. The company has a current ratio of 1.73, a quick ratio of 1.55 and a debt-to-equity ratio of 0.41. Flanigan’s Enterprises has a one year low of $14.20 and a one year high of $47.85. The firm’s 50-day moving average is $17.94.

Flanigan’s Enterprises (NYSEAMERICAN:BDL) last announced its quarterly earnings data on Monday, May 24th. The company reported $1.32 earnings per share (EPS) for the quarter. Flanigan’s Enterprises had a return on equity of 6.79% and a net margin of 2.72%. The firm had revenue of $34.36 million for the quarter.

A hedge fund recently raised its stake in Flanigan’s Enterprises stock. FMR LLC lifted its position in shares of Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 0.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 150,988 shares of the company’s stock after purchasing an additional 650 shares during the period. FMR LLC owned 8.12% of Flanigan’s Enterprises worth $3,500,000 as of its most recent SEC filing. Institutional investors and hedge funds own 16.13% of the company’s stock.

About Flanigan’s Enterprises

Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. It operates through Package Stores and Restaurants segments. The company operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food service.

Featured Story: Insider Trading

Receive News & Ratings for Flanigan's Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flanigan's Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.