Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) Sees Significant Increase in Short Interest

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 23,500 shares, a growth of 29.8% from the August 15th total of 18,100 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 8,600 shares, the short-interest ratio is presently 2.7 days.

Falcon’s Beyond Global Stock Down 1.4 %

Shares of FBYD traded down $0.12 during mid-day trading on Monday, hitting $8.45. 9,136 shares of the company’s stock were exchanged, compared to its average volume of 6,075. The stock’s 50-day moving average is $10.50 and its 200-day moving average is $10.09. Falcon’s Beyond Global has a fifty-two week low of $7.02 and a fifty-two week high of $44.00.

Falcon’s Beyond Global (NASDAQ:FBYD) last released its earnings results on Tuesday, August 13th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $1.80 million for the quarter.

About Falcon’s Beyond Global

Falcon's Beyond Global, Inc operates as an entertainment company in the United States, Saudi Arabia, Caribbean, Hong Kong, and internationally. The company creates master plans; designs attractions and experiential entertainment; and produces content, interactives, and software, as well as engages in media and audio production, project management, experiential technologies, and attraction hardware development, procurement, and sales.