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

Good Times Restaurants Inc. (NASDAQ:GTIM) was the recipient of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 82,919 shares, a growth of 163.7% from the January 29th total of 31,448 shares. Based on an average trading volume of 57,874 shares, the short-interest ratio is currently 1.4 days. Approximately 1.1% of the shares of the stock are short sold. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 57,874 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Good Times Restaurants stock. Bridgeway Capital Management LLC raised its holdings in shares of Good Times Restaurants Inc. (NASDAQ:GTIM) by 6.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,737 shares of the restaurant operator’s stock after buying an additional 9,924 shares during the quarter. Bridgeway Capital Management LLC owned about 1.55% of Good Times Restaurants worth $269,000 as of its most recent SEC filing. 12.06% of the stock is owned by institutional investors and hedge funds.

Good Times Restaurants Stock Down 0.8%

Shares of NASDAQ GTIM opened at $1.19 on Friday. The firm has a market cap of $12.57 million, a price-to-earnings ratio of 11.90 and a beta of 0.75. The company’s 50-day simple moving average is $1.20 and its 200-day simple moving average is $1.40. The company has a quick ratio of 0.36, a current ratio of 0.45 and a debt-to-equity ratio of 0.05. Good Times Restaurants has a 52-week low of $1.10 and a 52-week high of $2.65.

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

Wall Street Analyst Weigh In

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

Good Times Restaurants Company Profile

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.