BurgerFi International, Inc. (NASDAQ:BFI) Sees Significant Decline in Short Interest

BurgerFi International, Inc. (NASDAQ:BFI) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 1,080,000 shares, a decrease of 5.3% from the August 15th total of 1,140,000 shares. Approximately 8.0% of the shares of the stock are short sold. Based on an average trading volume of 7,780,000 shares, the days-to-cover ratio is currently 0.1 days.

BurgerFi International Price Performance

NASDAQ:BFI opened at $0.23 on Wednesday. The stock has a market capitalization of $6.40 million, a PE ratio of -0.22 and a beta of 0.47. BurgerFi International has a 52 week low of $0.12 and a 52 week high of $1.32. The company has a quick ratio of 0.10, a current ratio of 0.12 and a debt-to-equity ratio of 0.32. The stock’s 50-day moving average price is $0.26 and its 200-day moving average price is $0.36.

BurgerFi International Company Profile

BurgerFi International, Inc, together with its subsidiaries, owns and franchises fast-casual and premium-casual dining restaurants under BurgerFi and Anthony's brand name in the United States. It operates through BurgerFi and Anthony's segments. The company's restaurants offer burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine; and pizza, coal fired chicken wings, homemade meatballs, and handcrafted sandwiches and salads.