Butler National (OTCMKTS:BUKS) Short Interest Up 157.9% in September

Key Points

• Butler National's short interest increased by 157.9% in September, rising from 5,700 to 14,700 shares.
• The company's stock price remained stable at $2.39 with a market capitalization of $191.15 million.
• Butler National reported earnings of $0.06 per share for the recent quarter, alongside revenue of $20.13 million.

Butler National (OTCMKTS:BUKS - Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 14,700 shares, an increase of 157.9% from the September 15th total of 5,700 shares. Based on an average trading volume of 728,700 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 728,700 shares, the days-to-cover ratio is currently 0.0 days.

Butler National Price Performance

Butler National stock remained flat at $2.39 during trading hours on Friday. 33,266 shares of the company's stock traded hands, compared to its average volume of 124,060. The stock has a market capitalization of $191.15 million, a price-to-earnings ratio of 11.38 and a beta of 0.27. The company has a current ratio of 1.67, a quick ratio of 1.35 and a debt-to-equity ratio of 0.44. Butler National has a 52-week low of $1.23 and a 52-week high of $2.49. The business's 50 day moving average is $1.86 and its 200-day moving average is $1.65.

Butler National (OTCMKTS:BUKS - Get Free Report) last released its quarterly earnings results on Thursday, September 11th. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $20.13 million for the quarter. Butler National had a net margin of 16.60% and a return on equity of 22.23%.

Butler National Company Profile

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.

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