Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 134,900 shares, a decrease of 15.5% from the April 30th total of 159,700 shares. Based on an average daily trading volume, of 11,800 shares, the days-to-cover ratio is presently 11.4 days. Approximately 2.3% of the company's stock are short sold.
Falcon's Beyond Global Stock Down 3.7%
Shares of FBYD stock traded down $0.26 during trading on Friday, reaching $6.70. The company's stock had a trading volume of 5,797 shares, compared to its average volume of 16,633. The business has a fifty day moving average price of $7.37 and a 200-day moving average price of $7.41. The company has a market cap of $810.18 million, a price-to-earnings ratio of 67.00 and a beta of -1.65. Falcon's Beyond Global has a one year low of $3.62 and a one year high of $13.25.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) EPS for the quarter.
Institutional Trading of Falcon's Beyond Global
Institutional investors have recently made changes to their positions in the business. Cassaday & Co Wealth Management LLC bought a new stake in shares of Falcon's Beyond Global in the first quarter worth $90,000. Northern Trust Corp bought a new stake in shares of Falcon's Beyond Global in the fourth quarter worth $89,000. HighTower Advisors LLC bought a new stake in shares of Falcon's Beyond Global in the first quarter worth $124,000. Wealth Enhancement Advisory Services LLC raised its position in Falcon's Beyond Global by 20.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,841 shares of the company's stock worth $135,000 after acquiring an additional 2,806 shares in the last quarter. Finally, AllGen Financial Advisors Inc. bought a new stake in Falcon's Beyond Global during the first quarter worth $209,000. Institutional investors own 38.88% of the company's stock.
Falcon's Beyond Global Company Profile
(
Get Free Report)
Falcon's Beyond Global, Inc is an experiential entertainment development enterprise. It connects the world by bringing stories to life through theme parks, resorts, animation, consumer products, gaming, and movies. The company propels intellectual property activations concurrently across physical and digital experiences through three core business units.
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