BurgerFi International, Inc. (NASDAQ:BFI) Short Interest Update

BurgerFi International, Inc. (NASDAQ:BFI) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 96,100 shares, a drop of 53.2% from the March 31st total of 205,400 shares. Based on an average daily volume of 104,300 shares, the short-interest ratio is currently 0.9 days. Currently, 0.8% of the shares of the company are short sold.

Institutional Trading of BurgerFi International

An institutional investor recently raised its position in BurgerFi International stock. M&T Bank Corp lifted its position in shares of BurgerFi International, Inc. (NASDAQ:BFI) by 536.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 201,700 shares of the company’s stock after purchasing an additional 170,000 shares during the period. M&T Bank Corp owned 0.75% of BurgerFi International worth $173,000 as of its most recent filing with the Securities and Exchange Commission. 15.14% of the stock is currently owned by institutional investors.

BurgerFi International Stock Performance

NASDAQ:BFI remained flat at $0.38 on Friday. The company’s stock had a trading volume of 116,522 shares, compared to its average volume of 146,119. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.15 and a quick ratio of 0.14. BurgerFi International has a 12-month low of $0.36 and a 12-month high of $2.06. The firm has a 50 day moving average of $0.56 and a two-hundred day moving average of $0.79. The company has a market cap of $10.36 million, a price-to-earnings ratio of -0.31 and a beta of 0.50.

BurgerFi International (NASDAQ:BFI) last posted its quarterly earnings results on Monday, April 1st. The company reported ($0.20) earnings per share for the quarter. BurgerFi International had a negative net margin of 18.05% and a negative return on equity of 34.41%. The business had revenue of $41.47 million during the quarter.

BurgerFi International Company Profile

BurgerFi International, Inc, together with its subsidiaries, owns and franchises fast-casual and premium-casual dining restaurants under BurgerFi and Anthony's brand name in the United States. It operates through BurgerFi and Anthony's segments. The company's restaurants offer burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine; and pizza, coal fired chicken wings, homemade meatballs, and handcrafted sandwiches and salads.