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

FAT Brands Inc. (NASDAQ:FATBP) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 584 shares, a decline of 82.7% from the December 15th total of 3,371 shares. Based on an average trading volume of 36,172 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 36,172 shares, the days-to-cover ratio is currently 0.0 days.

FAT Brands Trading Up 13.9%

Shares of FATBP stock traded up $0.13 during trading hours on Monday, hitting $1.10. 93,220 shares of the company were exchanged, compared to its average volume of 47,132. The firm has a fifty day simple moving average of $1.27 and a 200 day simple moving average of $2.08. FAT Brands has a 52-week low of $0.49 and a 52-week high of $10.20.

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