Short Interest in Rave Restaurant Group, Inc. (NASDAQ:RAVE) Rises By 72.2%

Posted by George Bondi on Aug 18th, 2026

Rave Restaurant Group, Inc. (NASDAQ:RAVE – Get Free Report) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 40,169 shares, a growth of 72.2% from the July 15th total of 23,324 shares. Based on an average trading volume of 25,440 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.4% of the company’s shares are sold short.

Rave Restaurant Group Price Performance

Shares of Rave Restaurant Group stock traded up $0.06 on Tuesday, hitting $3.06. 18,378 shares of the company’s stock traded hands, compared to its average volume of 52,386. The firm’s 50-day moving average price is $3.23 and its two-hundred day moving average price is $2.96. The stock has a market capitalization of $43.41 million, a PE ratio of 14.55 and a beta of 0.42. Rave Restaurant Group has a one year low of $2.25 and a one year high of $3.75.

Hedge Funds Weigh In On Rave Restaurant Group

Several hedge funds have recently added to or reduced their stakes in the stock. Saber Capital Managment LLC bought a new position in Rave Restaurant Group during the 4th quarter worth approximately $514,000. Renaissance Technologies LLC grew its holdings in Rave Restaurant Group by 11.1% during the fourth quarter. Renaissance Technologies LLC now owns 165,856 shares of the restaurant operator’s stock valued at $547,000 after purchasing an additional 16,598 shares during the period. NewEdge Advisors LLC increased its stake in Rave Restaurant Group by 87.2% in the fourth quarter. NewEdge Advisors LLC now owns 29,946 shares of the restaurant operator’s stock valued at $99,000 after purchasing an additional 13,946 shares in the last quarter. Susquehanna International Group LLP increased its stake in Rave Restaurant Group by 50.7% in the third quarter. Susquehanna International Group LLP now owns 29,902 shares of the restaurant operator’s stock valued at $99,000 after purchasing an additional 10,063 shares in the last quarter. Finally, Evergreen Capital Management LLC acquired a new stake in Rave Restaurant Group in the second quarter worth $56,000. Institutional investors and hedge funds own 15.12% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c+)” rating on shares of Rave Restaurant Group in a research report on Friday, July 31st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Read Our Latest Report on RAVE

About Rave Restaurant Group

(Get Free Report)

Rave Restaurant Group, Inc, through its subsidiaries, develops, operates and franchises a fast‐casual pizza restaurant concept under the Rave Restaurant Group brand. The company’s locations feature made‐to‐order artisanal pizzas, calzones, salads, desserts and specialty beverages, with service options that include dine‐in, takeout, delivery and catering. A proprietary digital platform supports each restaurant’s point‐of‐sale, online ordering and loyalty programs, aiming to enhance guest convenience and operational efficiency.

Founded in 2008 and headquartered in Miami, Florida, RAVE Restaurant Group has grown its footprint to include both company‐owned and franchised units across select U.S.