Short Interest in Butler National (OTCMKTS:BUKS) Grows By 137.5%

Key Points

• Short interest in Butler National increased by 137.5% in September, rising from 2,400 shares to 5,700 shares.
• As of now, Butler National's stock trades at $2.32, with a market cap of $185.48 million and a P/E ratio of 11.05.
• In its latest quarterly earnings, the company reported a net margin of 16.60% and earnings per share of $0.06.

Butler National (OTCMKTS:BUKS - Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,700 shares, an increase of 137.5% from the August 31st total of 2,400 shares. Based on an average daily trading volume, of 1,030,400 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 1,030,400 shares, the short-interest ratio is currently 0.0 days.

Butler National Trading Up 0.9%

Shares of BUKS stock traded up $0.02 on Friday, hitting $2.32. The company had a trading volume of 124,652 shares, compared to its average volume of 440,239. The firm has a market cap of $185.48 million, a P/E ratio of 11.05 and a beta of 0.27. The stock's 50-day moving average is $1.70 and its two-hundred day moving average is $1.60. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.35 and a current ratio of 1.67. Butler National has a twelve month low of $1.23 and a twelve month high of $2.39.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.