Biglari Holdings Inc. (NYSE:BH) Short Interest Up 20.0% in March

Biglari Holdings Inc. (NYSE:BH - Get Free Report) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 28,200 shares, a growth of 20.0% from the March 15th total of 23,500 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 5.6 days. Currently, 1.4% of the company's shares are short sold.

Biglari Trading Down 0.4 %

Shares of BH traded down $0.81 during midday trading on Friday, hitting $226.18. 6,178 shares of the stock were exchanged, compared to its average volume of 4,966. Biglari has a 52-week low of $159.69 and a 52-week high of $271.35. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.44 and a current ratio of 1.47. The stock has a fifty day simple moving average of $220.17 and a 200 day simple moving average of $216.73. The firm has a market cap of $514.79 million, a P/E ratio of 1.30 and a beta of 0.75.

Biglari (NYSE:BH - Get Free Report) last posted its earnings results on Saturday, March 1st. The restaurant operator reported ($36.60) earnings per share (EPS) for the quarter. The firm had revenue of $91.12 million for the quarter. Biglari had a return on equity of 16.03% and a net margin of 14.14%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Barclays PLC lifted its holdings in Biglari by 78.6% during the 3rd quarter. Barclays PLC now owns 1,974 shares of the restaurant operator's stock worth $340,000 after buying an additional 869 shares in the last quarter. Rhumbline Advisers raised its stake in shares of Biglari by 10.0% in the fourth quarter. Rhumbline Advisers now owns 1,139 shares of the restaurant operator's stock valued at $290,000 after acquiring an additional 104 shares in the last quarter. Peapod Lane Capital LLC purchased a new position in Biglari in the fourth quarter valued at $3,705,000. SG Americas Securities LLC acquired a new position in Biglari during the 4th quarter worth $115,000. Finally, JPMorgan Chase & Co. increased its holdings in Biglari by 48.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 845 shares of the restaurant operator's stock worth $145,000 after purchasing an additional 277 shares during the period. Institutional investors and hedge funds own 74.30% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Biglari from a "buy" rating to a "hold" rating in a research report on Tuesday, March 4th.

About Biglari

Biglari Holdings Inc, through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial trucking insurance; selling physical damage and non-trucking liability insurance to truckers; and providing property and casualty insurance.