Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) Short Interest Update

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDLGet Free Report) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 1,500 shares, an increase of 36.4% from the January 15th total of 1,100 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Investors Weigh In On Flanigan’s Enterprises

A number of institutional investors have recently added to or reduced their stakes in BDL. EA Series Trust purchased a new position in Flanigan’s Enterprises in the second quarter valued at about $303,000. Vanguard Group Inc. boosted its stake in Flanigan’s Enterprises by 61.5% in the first quarter. Vanguard Group Inc. now owns 19,502 shares of the company’s stock valued at $677,000 after acquiring an additional 7,427 shares during the last quarter. Captrust Financial Advisors purchased a new position in Flanigan’s Enterprises in the second quarter valued at about $114,000. Dimensional Fund Advisors LP boosted its stake in Flanigan’s Enterprises by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 60,984 shares of the company’s stock valued at $1,556,000 after acquiring an additional 2,039 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in Flanigan’s Enterprises by 26.6% in the second quarter. Royal Bank of Canada now owns 6,212 shares of the company’s stock valued at $190,000 after acquiring an additional 1,304 shares during the last quarter. 11.62% of the stock is owned by institutional investors.

Flanigan’s Enterprises Stock Up 3.8 %

Shares of BDL stock opened at $26.37 on Tuesday. Flanigan’s Enterprises has a 52-week low of $24.80 and a 52-week high of $34.59. The company has a quick ratio of 1.26, a current ratio of 1.58 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $49.05 million, a price-to-earnings ratio of 12.27 and a beta of 0.73.

Flanigan’s Enterprises (NYSEAMERICAN:BDLGet Free Report) last issued its quarterly earnings data on Friday, December 29th. The company reported ($0.07) earnings per share (EPS) for the quarter. Flanigan’s Enterprises had a return on equity of 5.36% and a net margin of 2.29%. The firm had revenue of $43.36 million during the quarter.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. StockNews.com assumed coverage on shares of Flanigan’s Enterprises in a research report on Saturday. They set a “hold” rating for the company. TheStreet downgraded shares of Flanigan’s Enterprises from a “b-” rating to a “c” rating in a research report on Monday, January 8th.

View Our Latest Stock Report on Flanigan’s Enterprises

About Flanigan’s Enterprises

(Get Free Report)

Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy's Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan's Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.

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