Biglari Holdings Inc. (NYSE:BH) Short Interest Update

Biglari Holdings Inc. (NYSE:BH) saw a significant growth in short interest in June. As of June 15th, there was short interest totalling 10,500 shares, a growth of 15.4% from the May 31st total of 9,100 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 4.0 days.

Biglari Trading Up 2.9 %

Shares of BH stock opened at $193.38 on Monday. Biglari has a 1 year low of $137.01 and a 1 year high of $219.00. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.42 and a quick ratio of 1.39. The stock’s 50 day simple moving average is $196.53 and its two-hundred day simple moving average is $181.49. The company has a market cap of $440.91 million, a PE ratio of 4.33 and a beta of 0.74.

Biglari (NYSE:BH) last issued its quarterly earnings data on Friday, May 10th. The restaurant operator reported $79.56 earnings per share (EPS) for the quarter. Biglari had a return on equity of 2.11% and a net margin of 3.47%. The business had revenue of $89.45 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Biglari from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 10th.

Institutional Investors Weigh In On Biglari

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC purchased a new stake in shares of Biglari in the first quarter worth approximately $223,000. Empowered Funds LLC raised its holdings in shares of Biglari by 6.9% in the first quarter. Empowered Funds LLC now owns 8,176 shares of the restaurant operator’s stock worth $1,551,000 after buying an additional 525 shares during the period. GSA Capital Partners LLP raised its holdings in shares of Biglari by 5.5% in the first quarter. GSA Capital Partners LLP now owns 2,406 shares of the restaurant operator’s stock worth $456,000 after buying an additional 125 shares during the period. BNP Paribas Financial Markets raised its holdings in shares of Biglari by 81.6% in the first quarter. BNP Paribas Financial Markets now owns 356 shares of the restaurant operator’s stock worth $68,000 after buying an additional 160 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Biglari by 18.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,579 shares of the restaurant operator’s stock worth $425,000 after buying an additional 395 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

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.