FAT Brands Inc. (NASDAQ:FATBP) Short Interest Up 2,001.0% in January

FAT Brands Inc. (NASDAQ:FATBP) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 172,488 shares, an increase of 2,001.0% from the January 15th total of 8,210 shares. Based on an average trading volume of 1,305,201 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 1,305,201 shares, the short-interest ratio is currently 0.1 days.

FAT Brands Price Performance

Shares of NASDAQ:FATBP opened at $0.13 on Wednesday. FAT Brands has a 1-year low of $0.12 and a 1-year high of $10.15. The business’s 50 day moving average is $0.76 and its 200-day moving average is $1.73.

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.