Short Interest in Nathan's Famous Rises Over 33%

Increased short selling activity signals bearish sentiment on the hot dog chain's stock.

Mar. 30, 2026 at 12:18am

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Nathan's Famous, Inc. (NASDAQ:NATH) saw a significant 33.5% increase in short interest during March, with 132,502 shares now sold short. This represents 4.7% of the company's total shares outstanding and a days-to-cover ratio of 3.9 days based on the stock's average daily trading volume.

Why it matters

Rising short interest often indicates growing bearish sentiment among investors about a company's future prospects. This could signal concerns about Nathan's Famous' financial performance or growth outlook, which could impact the stock price if the negative sentiment continues.

The details

The increase in short interest comes after Nathan's Famous reported earnings in early February. While the company's revenue and earnings per share beat expectations, the stock has traded in a relatively narrow range over the past year, suggesting investors may be uncertain about the company's long-term growth potential.

  • As of March 13th, there was short interest totaling 132,502 shares.
  • This represents a 33.5% increase from the February 26th total of 99,240 shares.

The players

Nathan's Famous, Inc.

A quick-service restaurant company known for its all-beef hot dogs and classic American fast-food offerings. The company operates and franchises a network of dining outlets under the Nathan's Famous brand.

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The takeaway

The rise in short interest suggests some investors are betting against Nathan's Famous, potentially due to concerns about the company's growth prospects or financial performance. This could put pressure on the stock price if the negative sentiment persists.