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

Good Times Restaurants Inc. (NASDAQ:GTIM) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 31,448 shares, a growth of 49.9% from the January 15th total of 20,982 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 24,747 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 24,747 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Good Times Restaurants in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Hedge Funds Weigh In On Good Times Restaurants

A hedge fund recently raised its stake in Good Times Restaurants stock. Bridgeway Capital Management LLC boosted its holdings in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 6.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 163,737 shares of the restaurant operator’s stock after purchasing an additional 9,924 shares during the quarter. Bridgeway Capital Management LLC owned about 1.55% of Good Times Restaurants worth $269,000 at the end of the most recent quarter. 12.06% of the stock is currently owned by institutional investors.

Good Times Restaurants Stock Performance

Shares of GTIM remained flat at $1.20 during midday trading on Monday. 20,692 shares of the stock traded hands, compared to its average volume of 43,893. Good Times Restaurants has a 52 week low of $1.10 and a 52 week high of $2.65. The company has a market capitalization of $12.67 million, a price-to-earnings ratio of 12.00 and a beta of 0.75. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.45 and a quick ratio of 0.36. The company’s fifty day simple moving average is $1.22 and its 200 day simple moving average is $1.42.

Good Times Restaurants (NASDAQ:GTIM) last posted its quarterly earnings data on Thursday, February 5th. The restaurant operator reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $32.71 million during the quarter. Good Times Restaurants had a net margin of 0.75% and a return on equity of 4.58%.

About Good Times Restaurants

Good Times Restaurants International, Inc (NASDAQ: GTIM) owns, develops, operates and franchises quick-service restaurants under the Good Times Burger & Frozen Custard brand. The company’s restaurants feature a signature menu built around hand-pressed, fresh-never-frozen beef burgers, homemade buns, fresh-cut fries, handcrafted milkshakes and frozen custard desserts. Good Times supplements its core offerings with seasonal items and limited-time promotions designed to appeal to a variety of customer tastes.

Founded in 1987 and headquartered in Lakewood, Colorado, Good Times has expanded through a mix of company-owned locations and franchising agreements.