FAT Brands Inc. (NASDAQ:FATBP – Get Free Report) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 8,210 shares, a growth of 1,305.8% from the December 31st total of 584 shares. Based on an average daily volume of 41,123 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 41,123 shares, the days-to-cover ratio is presently 0.2 days.
FAT Brands Trading Down 27.5%
NASDAQ:FATBP traded down $0.20 during mid-day trading on Wednesday, hitting $0.52. The company had a trading volume of 64,759 shares, compared to its average volume of 37,628. The business’s fifty day moving average is $0.98 and its two-hundred day moving average is $1.93. FAT Brands has a fifty-two week low of $0.49 and a fifty-two week high of $10.15.
About FAT Brands
FAT Brands, Inc operates as a global franchisor and operator of quick service and casual dining restaurants, managing a portfolio of iconic food-service brands. Through long-term franchise partnerships and corporate-owned locations, the company offers burgers, pizza, chicken wings, desserts and Mediterranean cuisine under well-known names such as Fatburger, Round Table Pizza, Johnny Rockets, Great American Cookies, Marble Slab Creamery, Pretzelmaker, Hurricane Grill & Wings and Yalla Mediterranean.
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