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

Falcon’s Beyond Global, Inc. (NASDAQ:FBYDW) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 346 shares, a decrease of 91.2% from the July 30th total of 3,925 shares. Based on an average daily volume of 619 shares, the short-interest ratio is presently 0.6 days.

Falcon’s Beyond Global Stock Performance

FBYDW stock remained flat at $1.41 during mid-day trading on Thursday. The company’s stock had a trading volume of 2 shares, compared to its average volume of 5,687. Falcon’s Beyond Global has a 1-year low of $0.55 and a 1-year high of $3.97. The business’s 50 day moving average price is $1.94 and its 200 day moving average price is $1.80.

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. It also develops a diverse range of entertainment experiences using owned and third party licensed intellectual property, spanning location-based entertainment, dining, and retail; and engages in animation, movies, licensing and merchandising, and gaming, as well as ride and technology sales.