FAT Brands Inc. (NASDAQ:FATBP) Short Interest Update

FAT Brands Inc. (NASDAQ:FATBP) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 9,200 shares, a growth of 21.1% from the November 30th total of 7,600 shares. Based on an average trading volume of 18,600 shares, the short-interest ratio is presently 0.5 days.

FAT Brands Stock Performance

Shares of NASDAQ FATBP traded up $0.16 during trading on Tuesday, hitting $9.80. The stock had a trading volume of 42,657 shares, compared to its average volume of 17,163. The firm has a fifty day moving average of $9.54 and a two-hundred day moving average of $10.88. FAT Brands has a 12 month low of $9.13 and a 12 month high of $16.37.

FAT Brands Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, January 20th. Shareholders of record on Friday, January 10th will be paid a $0.1719 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $2.06 annualized dividend and a yield of 21.05%.

FAT Brands Company Profile

FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli’s, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo’s Cafe and Buffalo’s Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.