Short Interest in BurgerFi International, Inc. (NASDAQ:BFI) Declines By 5.3%

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

BurgerFi International Price Performance

Shares of BurgerFi International stock opened at $0.17 on Thursday. The stock has a market capitalization of $4.67 million, a P/E ratio of -0.16 and a beta of 0.47. The business has a 50 day simple moving average of $0.26 and a two-hundred day simple moving average of $0.36. BurgerFi International has a 12 month low of $0.12 and a 12 month high of $1.28. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.12 and a quick ratio of 0.10.

About BurgerFi International

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.