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

Good Times Restaurants Inc. (NASDAQ:GTIM) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 40,300 shares, a decrease of 11.2% from the December 15th total of 45,400 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 11,000 shares, the short-interest ratio is presently 3.7 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Good Times Restaurants stock. Dimensional Fund Advisors LP raised its stake in Good Times Restaurants Inc. (NASDAQ:GTIM) by 71.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,959 shares of the restaurant operator’s stock after acquiring an additional 26,980 shares during the period. Dimensional Fund Advisors LP owned 0.59% of Good Times Restaurants worth $164,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 12.06% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Good Times Restaurants in a research note on Monday, January 13th. They set a “strong-buy” rating for the company.

Good Times Restaurants Stock Up 2.0 %

Shares of NASDAQ:GTIM traded up $0.05 on Friday, hitting $2.52. 4,817 shares of the company’s stock were exchanged, compared to its average volume of 11,614. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.33 and a current ratio of 0.42. Good Times Restaurants has a 1-year low of $2.18 and a 1-year high of $3.45. The company has a market capitalization of $26.86 million, a PE ratio of 16.80 and a beta of 1.86. The firm’s 50-day moving average is $2.59 and its 200 day moving average is $2.71.

Good Times Restaurants (NASDAQ:GTIM) last announced its quarterly earnings results on Thursday, December 12th. The restaurant operator reported $0.02 earnings per share (EPS) for the quarter. Good Times Restaurants had a return on equity of 4.95% and a net margin of 1.13%.

About Good Times Restaurants

Good Times Restaurants Inc, through its subsidiaries, engages in the restaurant business in the United States. It operates and franchises Good Times Burgers & Frozen Custard, an upscale quick-service drive-through dining restaurant; and owns, operates, franchises, and licenses Bad Daddy's Burger Bar, a full-service upscale casual dining restaurant.