Today’s Shorts Alert: Biglari Holdings Incorporated (NYSE:BH) Reports Decline in Sellers; Strong Momentum for Longs

November 25, 2016 - By Marguerite Chambers   ·   0 Comments

Today's Shorts Alert: Biglari Holdings Incorporated (NYSE:BH) Reports Decline in Sellers; Strong Momentum for Longs

The stock of Biglari Holdings Incorporated (NYSE:BH) registered a decrease of 2.83% in short interest. BH’s total short interest was 27,500 shares in November as published by FINRA. Its down 2.83% from 28,300 shares, reported previously. With 2,000 shares average volume, it will take short sellers 14 days to cover their BH’s short positions. The short interest to Biglari Holdings Incorporated’s float is 2.73%. The stock decreased 0.21% or $0.98 during the last trading session, hitting $470.23. About 392 shares traded hands. Biglari Holdings Inc (NYSE:BH) has risen 23.99% since April 22, 2016 and is uptrending. It has outperformed by 18.58% the S&P500.

Biglari Holdings Inc. is a holding company owning subsidiaries engaged in various business activities, including media, property and casualty insurance, and restaurants The Company’s divisions include Restaurant Operations, First Guard, Maxim, Other and Corporate. The company has a market cap of $961.73 million. The Company’s restaurant operations’ activities are conducted through approximately two restaurant concepts operated by subsidiaries Steak n Shake Inc. and Western Sizzlin Corporation (Western). It currently has negative earnings. Steak n Shake is engaged in the ownership, operation and franchising of Steak n Shake restaurants.

BH Company Profile

Biglari Holdings Inc., incorporated on December 15, 1976, is a holding firm owning subsidiaries engaged in various business activities, including media, property and casualty insurance, and restaurants. The Company’s divisions include Restaurant Operations, First Guard, Maxim, Other and Corporate. The Firm and its subsidiaries have invested in The Lion Fund, L.P. and The Lion Fund II, L.P. (collectively, the investment partnerships). The investment partnerships operate as private investment funds.

More notable recent Biglari Holdings Inc (NYSE:BH) news were published by: Seekingalpha.com which released: “Maxim Is Not Stimulating Biglari Holdings Stock Price” on November 21, 2016, also Marketwatch.com with their article: “/quotes/zigman/3870025/realtime” published on October 15, 2010, Prnewswire.com published: “Biglari Holdings Inc. Acquires MAXIM” on February 28, 2014. More interesting news about Biglari Holdings Inc (NYSE:BH) were released by: Prnewswire.com and their article: “Biglari Holdings Inc. Files Supplemental Investor Presentation Setting the …” published on March 20, 2015 as well as Prnewswire.com‘s news article titled: “Biglari Holdings Inc. Acquires First Guard Insurance Company” with publication date: March 19, 2014.

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By Marguerite Chambers


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