FAT Brands Inc. (NASDAQ:FATBB – Get Free Report) was the recipient of a large drop in short interest in July. As of July 15th, there was short interest totalling 200 shares, a drop of 60.0% from the June 30th total of 500 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
FAT Brands Trading Up 5.8 %
FATBB stock traded up $0.29 during midday trading on Friday, reaching $5.30. 2,448 shares of the company’s stock traded hands, compared to its average volume of 1,886. The company has a 50-day simple moving average of $5.00 and a two-hundred day simple moving average of $5.98. FAT Brands has a 1-year low of $4.57 and a 1-year high of $8.96.
FAT Brands (NASDAQ:FATBB – Get Free Report) last released its quarterly earnings results on Wednesday, May 1st. The company reported ($2.37) earnings per share for the quarter. The company had revenue of $151.97 million during the quarter.
FAT Brands Dividend Announcement
About FAT Brands
FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.
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