Butler National Co. (OTCMKTS:BUKS) Sees Large Drop in Short Interest

Butler National Co. (OTCMKTS:BUKS) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 5,700 shares, a drop of 10.9% from the August 31st total of 6,400 shares. Based on an average daily trading volume, of 138,500 shares, the short-interest ratio is currently 0.0 days.

Butler National Stock Performance

OTCMKTS:BUKS opened at $1.29 on Friday. The firm has a market capitalization of $102.74 million, a PE ratio of 12.90 and a beta of 0.63. The stock’s fifty day moving average is $1.06 and its 200 day moving average is $0.91. Butler National has a fifty-two week low of $0.57 and a fifty-two week high of $1.41. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.31 and a current ratio of 1.74.

Butler National (OTCMKTS:BUKS) last issued its quarterly earnings results on Friday, September 13th. The company reported $0.03 EPS for the quarter. The company had revenue of $19.83 million for the quarter. Butler National had a net margin of 17.33% and a return on equity of 26.98%.

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 worldwide. The company operates in two segments, Aerospace Products and Professional Services.