Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) Sees Large Increase in Short Interest

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totalling 22,200 shares, an increase of 23.3% from the September 30th total of 18,000 shares. Based on an average trading volume of 7,900 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.6% of the company’s stock are short sold.

Falcon’s Beyond Global Trading Down 4.6 %

Falcon’s Beyond Global stock traded down $0.45 during trading on Wednesday, hitting $9.30. 7,269 shares of the company were exchanged, compared to its average volume of 6,442. The business’s 50 day moving average is $9.97 and its 200 day moving average is $10.14. Falcon’s Beyond Global has a 52 week low of $7.02 and a 52 week high of $19.41.

Falcon’s Beyond Global (NASDAQ:FBYD) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $1.80 million for the quarter.

About Falcon’s Beyond Global

Falcon's Beyond Global, Inc operates as an entertainment company in the United States, Saudi Arabia, Caribbean, Hong Kong, and internationally. The company creates master plans; designs attractions and experiential entertainment; and produces content, interactives, and software, as well as engages in media and audio production, project management, experiential technologies, and attraction hardware development, procurement, and sales.