FBS Global Limited (NASDAQ:FBGL) Stock Short Interest Falls 66.3%

Posted by Lauren Steadman on Nov 13th, 2026

FBS Global Limited (NASDAQ:FBGL – Get Free Report) was the recipient of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 21,143 shares, a drop of 66.3% from the October 15th total of 62,738 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 10,966 shares, the days-to-cover ratio is presently 1.9 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut FBS Global from a “sell (d)” rating to a “sell (e+)” rating in a research note on Monday, September 28th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on FBGL

FBS Global Trading Down 11.0%

Shares of NASDAQ FBGL opened at $2.10 on Friday. FBS Global has a 1 year low of $2.04 and a 1 year high of $14.00. The company’s 50-day moving average is $3.15 and its 200 day moving average is $5.50.

Institutional Trading of FBS Global

A hedge fund recently raised its stake in FBS Global stock. Renaissance Technologies LLC grew its position in shares of FBS Global Limited (NASDAQ:FBGL – Free Report) by 15.7% during the first quarter, according to its most recent filing with the SEC. The firm owned 144,492 shares of the company’s stock after acquiring an additional 19,647 shares during the period. Renaissance Technologies LLC owned about 1.07% of FBS Global worth $86,000 at the end of the most recent quarter.

About FBS Global

(Get Free Report)

FBS Global Limited is a food and beverage waste management and recycling company with operations in Singapore. The company provides services designed to help food and beverage businesses manage waste more efficiently, including the collection, processing and recycling of food-related waste. Its services are intended for customers such as restaurants, food manufacturers, hotels, institutions and other commercial establishments that generate food waste. By treating and repurposing collected waste, FBS Global supports waste diversion and the development of more circular resource-use practices.