Diversified Restaurant Holdings Inc (NASDAQ:SAUC) Short Interest Decreased By 13.39%

June 20, 2018 - By Jan Rainey

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 June 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 3.33% or $0.04 during the last trading session, reaching $1.24. About 7,127 shares traded. Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) has declined 63.64% since June 20, 2017 and is downtrending. It has underperformed by 76.21% the S&P500.

Diversified Restaurant Holdings, Inc. operates as a restaurant firm in the United States. The company has market cap of $33.38 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 to Present at Oppenheimer Consumer Conference” on June 14, 2018. Also Seekingalpha.com published the news titled: “Diversified Restaurant Holdings: Addressing The Concerns” on June 12, 2018. Seekingalpha.com‘s news article titled: “Diversified Restaurant Holdings: Covered In Debt” with publication date: May 28, 2018 was also an interesting one.

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