Today Diversified Restaurant Holdings Inc (NASDAQ:SAUC) Reported Decrease in Shorted Shares

May 17, 2018 - By Alfred Lee

The stock of Diversified Restaurant Holdings Inc (NASDAQ:SAUC) registered a decrease of 13.39% in short interest. SAUC’s total short interest was 11,000 shares in May as published by FINRA. Its down 13.39% from 12,700 shares, reported previously. With 20,000 shares average volume, it will take short sellers 1 days to cover their SAUC’s short positions. The short interest to Diversified Restaurant Holdings Inc’s float is 0.08%.

The stock increased 0.01% or $0.0001 during the last trading session, reaching $1.2401. About 14,274 shares traded. Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) has declined 40.86% since May 17, 2017 and is downtrending. It has underperformed by 52.41% the S&P500.

Diversified Restaurant Holdings, Inc. operates as a restaurant firm in the United States. The company has market cap of $33.39 million. It operates Buffalo Wild Wings Grill & Bar franchised restaurants, which primarily offer fresh bone-in chicken wings. It currently has negative earnings. As of June 9, 2017, it operated 64 Buffalo Wild Wings Grill & Bar franchised restaurants in Florida, Illinois, Indiana, Michigan, and Missouri.

More recent Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) news were published by: Businesswire.com which released: “Diversified Restaurant Holdings Announces First Quarter 2018 Financial Results Conference Call and Webcast” on April 25, 2018. Also Businesswire.com published the news titled: “Diversified Restaurant Holdings Reports First Quarter 2018 Results” on May 08, 2018. Seekingalpha.com‘s news article titled: “Diversified Restaurant Holdings’ (SAUC) CEO David Burke on Q1 2018 Results – Earnings Call Transcript” with publication date: May 12, 2018 was also an interesting one.

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