Short Interest in Butler National (OTCMKTS:BUKS) Grows By 80.4%

Butler National (OTCMKTS:BUKSGet Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 52,479 shares, an increase of 80.4% from the June 30th total of 29,097 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 112,956 shares, the days-to-cover ratio is currently 0.5 days.

Butler National Stock Performance

Butler National stock opened at $4.75 on Friday. The company has a current ratio of 2.14, a quick ratio of 1.72 and a debt-to-equity ratio of 0.30. Butler National has a 1 year low of $1.47 and a 1 year high of $5.09. The company has a market cap of $380.10 million, a PE ratio of 13.97 and a beta of 0.20. The company’s 50-day moving average is $4.34 and its two-hundred day moving average is $3.83.

Butler National (OTCMKTS:BUKSGet Free Report) last issued its quarterly earnings results on Tuesday, July 7th. The company reported $0.09 EPS for the quarter. The company had revenue of $27.68 million during the quarter. Butler National had a net margin of 22.39% and a return on equity of 29.86%.

About Butler National

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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. It operates through two segments, Aerospace Products and Professional Services. The Aerospace Products segment provides aircraft modifications to business-size aircraft, which include passenger-to-freighter configuration, radar systems, addition of aerial photography capabilities, search and rescue, environmental research, mapping, intelligence surveillance reconnaissance modifications, and stability enhancing modifications for Learjet, Beechcraft, and Cessna aircraft along with other specialized modifications.

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