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

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDLGet Rating) was the target of a significant drop in short interest during the month of December. As of December 30th, there was short interest totalling 1,600 shares, a drop of 5.9% from the December 15th total of 1,700 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in shares of Flanigan’s Enterprises by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 53,530 shares of the company’s stock valued at $1,857,000 after purchasing an additional 1,613 shares in the last quarter. Vanguard Group Inc. boosted its position in Flanigan’s Enterprises by 61.5% during the 1st quarter. Vanguard Group Inc. now owns 19,502 shares of the company’s stock worth $677,000 after buying an additional 7,427 shares during the period. Royal Bank of Canada grew its holdings in Flanigan’s Enterprises by 11.4% during the 3rd quarter. Royal Bank of Canada now owns 4,900 shares of the company’s stock worth $125,000 after acquiring an additional 500 shares during the last quarter. Captrust Financial Advisors bought a new stake in Flanigan’s Enterprises during the 2nd quarter worth approximately $114,000. Finally, UBS Group AG increased its position in Flanigan’s Enterprises by 135.9% in the 3rd quarter. UBS Group AG now owns 1,031 shares of the company’s stock valued at $26,000 after acquiring an additional 594 shares during the period. Institutional investors own 10.78% of the company’s stock.

Flanigan’s Enterprises Stock Performance

Shares of BDL stock opened at $26.50 on Wednesday. The firm has a market cap of $49.29 million, a P/E ratio of 7.79 and a beta of 0.75. The company has a quick ratio of 2.00, a current ratio of 2.30 and a debt-to-equity ratio of 0.31. Flanigan’s Enterprises has a twelve month low of $25.00 and a twelve month high of $40.00.

Flanigan’s Enterprises Company Profile

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Flanigan's Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. It operates in two segments, Package Stores and Restaurants. The company 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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