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

FAT Brands Inc. (NASDAQ:FATBP) was the recipient of a large decrease in short interest in March. As of March 15th, there was short interest totalling 7,100 shares, a decrease of 39.3% from the February 28th total of 11,700 shares. Based on an average daily trading volume, of 23,500 shares, the days-to-cover ratio is currently 0.3 days.

FAT Brands Stock Down 3.8 %

Shares of NASDAQ:FATBP traded down $0.35 on Friday, hitting $8.94. The company had a trading volume of 26,332 shares, compared to its average volume of 20,712. The business has a 50 day moving average of $9.75 and a 200 day moving average of $9.72. FAT Brands has a 52-week low of $8.82 and a 52-week high of $15.95.

FAT Brands Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, April 21st. Shareholders of record on Thursday, April 10th will be paid a dividend of $0.1719 per share. The ex-dividend date is Thursday, April 10th. This represents a $2.06 annualized dividend and a dividend yield of 23.07%.

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.