Short Interest in FAT Brands Inc. (NASDAQ:FATBP) Declines By 82.7%

FAT Brands Inc. (NASDAQ:FATBP) saw a significant decline in short interest in 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 daily volume of 36,172 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 36,172 shares, the days-to-cover ratio is presently 0.0 days.

FAT Brands Stock Up 1.4%

NASDAQ FATBP traded up $0.02 during trading hours on Tuesday, hitting $1.12. The company had a trading volume of 39,285 shares, compared to its average volume of 46,180. FAT Brands has a 52 week low of $0.49 and a 52 week high of $10.20. The firm has a 50 day simple moving average of $1.25 and a 200 day simple moving average of $2.07.

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.