Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) Sees Significant Drop in Short Interest

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, a decrease of 34.4% from the February 28th total of 3,200 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 0.9 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Flanigan’s Enterprises in a research note on Saturday, January 11th. They set a “hold” rating on the stock.

Flanigan’s Enterprises Trading Down 1.1 %

Shares of NYSEAMERICAN:BDL traded down $0.28 on Monday, reaching $24.71. The company had a trading volume of 368 shares, compared to its average volume of 2,917. The company has a market capitalization of $45.96 million, a PE ratio of 13.96 and a beta of 0.68. The company has a current ratio of 1.46, a quick ratio of 1.16 and a debt-to-equity ratio of 0.27. Flanigan’s Enterprises has a 52-week low of $23.94 and a 52-week high of $29.72.

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. The company operates in two segments, Package Stores and Restaurants. It 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 services.