Bridgford Foods Co. (NASDAQ:BRID) Short Interest Up 16.7% in June

Bridgford Foods Co. (NASDAQ:BRID) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 4,200 shares, an increase of 16.7% from the May 31st total of 3,600 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.3% of the shares of the stock are sold short.

Bridgford Foods Trading Up 0.2 %

Bridgford Foods stock opened at $9.94 on Wednesday. The stock has a market cap of $90.26 million, a PE ratio of 58.47 and a beta of -0.63. The stock has a 50-day moving average price of $10.18 and a 200 day moving average price of $10.64. Bridgford Foods has a 52 week low of $9.86 and a 52 week high of $12.78. The company has a current ratio of 4.52, a quick ratio of 2.43 and a debt-to-equity ratio of 0.02.

Bridgford Foods (NASDAQ:BRID) last posted its quarterly earnings data on Friday, May 31st. The company reported ($0.24) EPS for the quarter. The company had revenue of $47.31 million for the quarter. Bridgford Foods had a return on equity of 1.11% and a net margin of 0.61%.

About Bridgford Foods

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products.