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

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

Falcon’s Beyond Global Stock Down 4.6 %

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

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

Falcon’s Beyond Global Company Profile

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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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