Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) Short Interest Up 157.7% in December

Falcon’s Beyond Global, Inc. (NASDAQ:FBYD) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 87,100 shares, a growth of 157.7% from the November 30th total of 33,800 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average daily volume of 16,000 shares, the days-to-cover ratio is currently 5.4 days.

Falcon’s Beyond Global Stock Down 5.2 %

NASDAQ:FBYD opened at $8.10 on Friday. Falcon’s Beyond Global has a 52 week low of $5.85 and a 52 week high of $13.25. The firm’s 50-day simple moving average is $8.26 and its 200 day simple moving average is $8.50.

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.