FAT Brands Inc. (NASDAQ:FATBP) Short Interest Down 46.1% in December

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

FAT Brands Price Performance

Shares of NASDAQ:FATBP traded down $0.20 during midday trading on Monday, hitting $0.57. The company had a trading volume of 42,725 shares, compared to its average volume of 28,152. FAT Brands has a twelve month low of $0.51 and a twelve month high of $10.30. The business’s 50-day simple moving average is $1.61 and its 200-day simple moving average is $2.24.

FAT Brands (NASDAQ:FATBP) last posted its earnings results on Monday, March 21st. The company reported ($0.48) EPS for the quarter. The business 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.