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

FAT Brands Inc. (NASDAQ:FATBPGet Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 4,700 shares, an increase of 88.0% from the April 30th total of 2,500 shares. Based on an average daily volume of 10,200 shares, the short-interest ratio is presently 0.5 days.

FAT Brands Stock Performance

FAT Brands stock traded up $1.50 during mid-day trading on Friday, hitting $15.65. The company had a trading volume of 169,023 shares, compared to its average volume of 11,723. The business has a fifty day moving average of $14.98 and a 200 day moving average of $15.08. FAT Brands has a 1 year low of $13.78 and a 1 year high of $17.12.

FAT Brands Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, June 20th. Shareholders of record on Monday, June 10th will be given a $0.1719 dividend. The ex-dividend date is Monday, June 10th. This represents a $2.06 dividend on an annualized basis and a dividend yield of 13.18%.

About FAT Brands

(Get Free Report)

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.

Further Reading

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