Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) Short Interest Up 23.3% in October

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) was the target of a significant 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. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is presently 2.8 days. Currently, 0.6% of the company’s stock are sold short.

Falcon’s Beyond Global Stock Down 4.6 %

NASDAQ:FBYD traded down $0.45 during trading hours on Wednesday, hitting $9.30. 7,269 shares of the company’s stock traded hands, compared to its average volume of 6,442. Falcon’s Beyond Global has a twelve month low of $7.02 and a twelve month high of $19.41. The stock’s fifty day moving average price is $9.97 and its two-hundred day moving average price is $10.14.

Falcon’s Beyond Global (NASDAQ:FBYD) last issued its 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.

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.