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

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

FAT Brands Stock Performance

Shares of NASDAQ:FATBP opened at $0.13 on Thursday. The company’s 50 day moving average price is $0.74 and its two-hundred day moving average price is $1.72. FAT Brands has a 12-month low of $0.12 and a 12-month high of $10.15.

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.