FAT Brands Inc. (NASDAQ:FATBP) Short Interest Update

FAT Brands Inc. (NASDAQ:FATBP) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 3,371 shares, a decline of 46.1% from the November 30th total of 6,249 shares. Based on an average daily volume of 26,511 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 26,511 shares, the days-to-cover ratio is currently 0.1 days.

FAT Brands Stock Down 7.8%

Shares of FATBP stock traded down $0.07 during trading on Friday, hitting $0.77. 23,971 shares of the stock traded hands, compared to its average volume of 28,106. FAT Brands has a 52-week low of $0.77 and a 52-week high of $10.30. The firm’s fifty day moving average price is $1.61 and its 200-day moving average price is $2.25.

FAT Brands (NASDAQ:FATBP) last issued its quarterly earnings data on Monday, March 21st. The company reported ($0.48) earnings per share (EPS) for the quarter. The company had revenue of $6.50 million for the quarter.

FAT Brands Company Profile

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.