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

by · The Markets Daily

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD – Get Free Report) saw a significant increase in short interest during the month of 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 daily volume of 7,900 shares, the short-interest ratio is presently 2.8 days. Currently, 0.6% of the company’s shares are sold short.

Falcon’s Beyond Global Price Performance

Shares of Falcon’s Beyond Global stock traded down $0.45 during midday trading on Wednesday, reaching $9.30. The company had a trading volume of 7,269 shares, compared to its average volume of 6,442. The stock has a fifty day moving average price of $9.97 and a 200 day moving average price of $10.14. Falcon’s Beyond Global has a fifty-two week low of $7.02 and a fifty-two week high of $19.41.

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

Falcon’s Beyond Global Company Profile

(Get Free Report)

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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