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

Good Times Restaurants Inc. (NASDAQ:GTIM) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 11,085 shares, a decrease of 44.5% from the November 30th total of 19,976 shares. Based on an average daily volume of 43,738 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 43,738 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

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

Good Times Restaurants Trading Up 2.2%

Good Times Restaurants stock opened at $1.16 on Friday. Good Times Restaurants has a 12 month low of $1.10 and a 12 month high of $2.65. The stock has a market cap of $12.24 million, a price-to-earnings ratio of 11.60 and a beta of 0.91. The business has a 50 day moving average price of $1.36 and a two-hundred day moving average price of $1.54. The company has a quick ratio of 0.34, a current ratio of 0.43 and a debt-to-equity ratio of 0.07.

Hedge Funds Weigh In On Good Times Restaurants

An institutional investor recently raised its position in Good Times Restaurants stock. Bridgeway Capital Management LLC boosted its holdings in Good Times Restaurants Inc. (NASDAQ:GTIM) by 4.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 153,813 shares of the restaurant operator’s stock after acquiring an additional 6,975 shares during the quarter. Bridgeway Capital Management LLC owned 1.46% of Good Times Restaurants worth $275,000 at the end of the most recent quarter. 12.06% of the stock is currently owned by institutional investors.

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.