Good Times Restaurants Inc. (NASDAQ:GTIM) Short Interest Update

Good Times Restaurants Inc. (NASDAQ:GTIM) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 31,600 shares, a growth of 9.7% from the May 31st total of 28,800 shares. Based on an average daily trading volume, of 15,400 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.4% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Good Times Restaurants in a report on Thursday, June 27th. They issued a “strong-buy” rating for the company.

Good Times Restaurants Trading Down 2.8 %

NASDAQ:GTIM opened at $2.46 on Tuesday. The stock has a market cap of $27.06 million, a price-to-earnings ratio of 41.01 and a beta of 1.86. The business’s 50-day simple moving average is $2.63 and its 200 day simple moving average is $2.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.36 and a current ratio of 0.45. Good Times Restaurants has a one year low of $2.15 and a one year high of $3.50.

Good Times Restaurants (NASDAQ:GTIM) last issued its earnings results on Thursday, May 2nd. The restaurant operator reported $0.06 earnings per share (EPS) for the quarter. Good Times Restaurants had a net margin of 0.47% and a return on equity of 2.00%. The firm had revenue of $35.44 million for the quarter.

Good Times Restaurants Company Profile

Good Times Restaurants Inc, through its subsidiaries, engages in the restaurant business in the United States. It operates and franchises Good Times Burgers & Frozen Custard, an upscale quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant.