Biglari Holdings Inc. (NYSE:BH) Short Interest Up 20.0% in March

Biglari Holdings Inc. (NYSE:BH - Get Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 28,200 shares, a growth of 20.0% from the March 15th total of 23,500 shares. Approximately 1.4% of the company's stock are short sold. Based on an average daily volume of 5,000 shares, the short-interest ratio is currently 5.6 days.

Hedge Funds Weigh In On Biglari

Several large investors have recently modified their holdings of BH. Barclays PLC raised its stake in Biglari by 78.6% during the third quarter. Barclays PLC now owns 1,974 shares of the restaurant operator's stock valued at $340,000 after buying an additional 869 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Biglari by 48.8% during the third quarter. JPMorgan Chase & Co. now owns 845 shares of the restaurant operator's stock worth $145,000 after purchasing an additional 277 shares during the last quarter. Ritholtz Wealth Management boosted its holdings in Biglari by 17.0% in the fourth quarter. Ritholtz Wealth Management now owns 1,404 shares of the restaurant operator's stock worth $357,000 after purchasing an additional 204 shares during the period. SG Americas Securities LLC bought a new stake in Biglari during the fourth quarter valued at $115,000. Finally, Atticus Wealth Management LLC acquired a new stake in shares of Biglari during the fourth quarter worth $25,000. Institutional investors own 74.30% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com lowered Biglari from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th.

Biglari Stock Down 1.8 %

Shares of BH traded down $4.10 during trading on Friday, reaching $222.89. The company's stock had a trading volume of 19,280 shares, compared to its average volume of 5,033. The company has a market cap of $507.30 million, a price-to-earnings ratio of 1.26 and a beta of 0.75. The company has a quick ratio of 1.44, a current ratio of 1.47 and a debt-to-equity ratio of 0.17. The company has a fifty day moving average of $219.83 and a two-hundred day moving average of $217.45. Biglari has a twelve month low of $159.69 and a twelve month high of $271.35.

Biglari (NYSE:BH - Get Free Report) last posted its quarterly earnings results on Saturday, March 1st. The restaurant operator reported ($36.60) earnings per share (EPS) for the quarter. The company had revenue of $91.12 million during the quarter. Biglari had a net margin of 14.14% and a return on equity of 16.03%.

Biglari Company Profile

Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance.