Chanticleer Holdings, Inc. (NASDAQ:HOTR) Stake Held by Spitcaufsky Larry

Spitcaufsky Larry

stated that they own 6% of Chanticleer Holdings, Inc. (NASDAQ:HOTR) in a Form 13D/A disclosure that was filed with the Securities and Exchange Commission on Wednesday, August 9th. The investor owns 152,292 shares of the stock worth about $370,070. The disclosure is available through EDGAR at this link.

Spitcaufsky Larry

provided the following explanation of their ownership:

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Shares of Chanticleer Holdings, Inc. (NASDAQ HOTR) traded down 2.41% during mid-day trading on Friday, reaching $2.43. The company had a trading volume of 20,714 shares. The company’s market capitalization is $6.08 million. The stock has a 50 day moving average of $2.89 and a 200-day moving average of $1.51. Chanticleer Holdings, Inc. has a 52 week low of $0.23 and a 52 week high of $4.50.

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Separately, ValuEngine downgraded Chanticleer Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, June 1st.

Chanticleer Holdings Company Profile

Chanticleer Holdings, Inc is engaged in the business of owning, operating and franchising fast casual dining concepts domestically and internationally. The Company’s brands include Hooters, American Burger Company (ABC), BGR: the Burger Joint (BGR), BT’s Burger Joint (BT), Little Big Burger (LBB) and Just Fresh.

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