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

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

Flanigan’s Enterprises Stock Up 3.8 %

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

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

Analyst Ratings Changes

Several research analysts have commented on BDL shares. StockNews.com started coverage on Flanigan’s Enterprises in a research report on Saturday. They set a “hold” rating on the stock. TheStreet lowered Flanigan’s Enterprises from a “b-” rating to a “c” rating in a research report on Monday, January 8th.

Get Our Latest Stock Report on Flanigan’s Enterprises

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC boosted its stake in shares of Flanigan’s Enterprises by 305.7% in the second quarter. Tower Research Capital LLC TRC now owns 856 shares of the company’s stock valued at $26,000 after buying an additional 645 shares in the last quarter. UBS Group AG boosted its stake in shares of Flanigan’s Enterprises by 135.9% in the third quarter. UBS Group AG now owns 1,031 shares of the company’s stock valued at $26,000 after buying an additional 594 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Flanigan’s Enterprises by 41.1% in the second quarter. BlackRock Inc. now owns 3,033 shares of the company’s stock valued at $93,000 after buying an additional 884 shares in the last quarter. Captrust Financial Advisors purchased a new stake in shares of Flanigan’s Enterprises in the second quarter valued at approximately $114,000. Finally, Royal Bank of Canada boosted its stake in shares of Flanigan’s Enterprises by 11.4% in the third quarter. Royal Bank of Canada now owns 4,900 shares of the company’s stock valued at $125,000 after buying an additional 500 shares in the last quarter. 11.62% of the stock is currently owned by hedge funds and other institutional investors.

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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