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

Falcon’s Beyond Global, Inc. (NASDAQ:FBYDGet Free Report) 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:FBYDGet Free Report) 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

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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.

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