Butler National Co. (OTCMKTS:BUKS) Short Interest Down 19.6% in October

Butler National Co. (OTCMKTS:BUKS - Get Free Report) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 7,400 shares, a drop of 19.6% from the September 30th total of 9,200 shares. Based on an average daily trading volume, of 111,700 shares, the days-to-cover ratio is presently 0.1 days.

Butler National Price Performance

OTCMKTS BUKS remained flat at $1.40 on Monday. 109,877 shares of the company's stock traded hands, compared to its average volume of 44,338. The firm's 50 day simple moving average is $1.24 and its 200-day simple moving average is $0.99. The stock has a market cap of $111.50 million, a PE ratio of 14.00 and a beta of 0.63. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.31 and a current ratio of 1.74. Butler National has a 1 year low of $0.64 and a 1 year high of $1.44.

Butler National (OTCMKTS:BUKS - Get Free Report) last issued its quarterly earnings results on Friday, September 13th. The company reported $0.03 earnings per share for the quarter. Butler National had a net margin of 17.33% and a return on equity of 26.98%. The company had revenue of $19.83 million during the quarter.

About Butler National

Butler National Corporation, together with its subsidiaries, designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems worldwide. The company operates in two segments, Aerospace Products and Professional Services.

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