Fiesta Restaurant Group (FRGI) Short Interest Ratio & Short Volume

Short interest is the volume of Fiesta Restaurant Group shares that have been sold short but have not yet been covered or closed out. As of October 15th, investors have sold 98,000 shares of FRGI short. 0.40% of Fiesta Restaurant Group's shares are currently sold short. Learn More on Fiesta Restaurant Group's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.40% of Fiesta Restaurant Group's floating shares are currently sold short.

Fiesta Restaurant Group saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 98,000 shares, a decrease of 26.4% from the previous total of 133,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Fiesta Restaurant Group currently has issued a total of 26,190,000 shares. Some of Fiesta Restaurant Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Fiesta Restaurant Group currently has a public float of 24,580,000 shares.

0.40% of Fiesta Restaurant Group's shares are currently sold short. Here is how the short interest of companies compare to Fiesta Restaurant Group: BJ's Restaurants, Inc. (6.61%), Bloomin' Brands, Inc. (13.38%), Jack in the Box Inc. (16.99%), Biglari Holdings Inc. (1.30%), RCI Hospitality Holdings Inc (6.19%), Nathan's Famous, Inc. (0.86%), Dine Brands Global, Inc. (14.97%), Denny's Co. (6.44%), Red Robin Gourmet Burgers, Inc. (15.96%), McDonald's Co. (1.22%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.82 billion), T-Mobile US, Inc. ($3.69 billion), Occidental Petroleum Co. ($2.90 billion), TC Energy Co. ($2.74 billion), Tractor Supply ($2.28 billion), Rivian Automotive, Inc. ($1.92 billion), Moderna, Inc. ($1.77 billion), Celsius Holdings, Inc. ($1.72 billion), Coinbase Global, Inc. ($1.66 billion), and Royal Caribbean Cruises Ltd. ($1.65 billion). View all of the most shorted stocks.

Short selling FRGI is an investing strategy that aims to generate trading profit from Fiesta Restaurant Group as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Fiesta Restaurant Group occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FRGI, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FRGI, twice per month. The most recent reporting period available is October, 15 2023.