Butler National (OTCMKTS:BUKS) Shares Shorted: Short Interest Up 96.5% in October

Butler National (OTCMKTS:BUKS) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 54,346 shares, a growth of 96.5% from the September 30th total of 27,661 shares. Based on an average daily volume of 180,507 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

Butler National Price Performance

OTCMKTS:BUKS opened at $5.21 on Tuesday. The company has a quick ratio of 1.98, a current ratio of 2.52 and a debt-to-equity ratio of 0.27. The firm has a market cap of $417.01 million, a PE ratio of 13.94 and a beta of 0.20. Butler National has a 12 month low of $2.21 and a 12 month high of $5.30. The company’s 50-day moving average price is $4.37 and its two-hundred day moving average price is $4.04.

Butler National (OTCMKTS:BUKS) last posted its quarterly earnings data on Friday, September 11th. The company reported $0.08 earnings per share for the quarter. The company had revenue of $30.78 million during the quarter. Butler National had a net margin of 21.65% and a return on equity of 29.87%.

Butler National Company Profile

Butler National Corporation is a diversified company that operates in the aerospace and gaming industries. Through its aerospace business, the company provides aircraft modification, maintenance, repair, engineering, avionics and related manufacturing services. Its work includes modifications and upgrades for business and commercial aircraft, as well as products and services supporting aircraft operations.

Butler National also participates in the gaming industry through its management of Boot Hill Casino & Resort in Dodge City, Kansas.