Rave Restaurant Group, Inc. (NASDAQ:RAVE) Stock Short Interest Jumps 97.3%

Posted by Stanley Muller on Oct 1st, 2026

Rave Restaurant Group, Inc. (NASDAQ:RAVE – Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 71,959 shares, a growth of 97.3% from the August 31st total of 36,468 shares. Based on an average daily volume of 33,031 shares, the short-interest ratio is presently 2.2 days. Approximately 0.7% of the company’s shares are sold short.

Rave Restaurant Group Stock Performance

Shares of RAVE opened at $2.30 on Thursday. The stock has a market capitalization of $32.69 million, a PE ratio of 10.95 and a beta of 0.43. Rave Restaurant Group has a 1 year low of $2.06 and a 1 year high of $3.60. The company’s 50-day simple moving average is $2.97 and its 200-day simple moving average is $2.91.

Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last announced its quarterly earnings data on Thursday, September 24th. The restaurant operator reported $0.05 earnings per share for the quarter. Rave Restaurant Group had a net margin of 22.29% and a return on equity of 17.94%. The firm had revenue of $3.43 million during the quarter.

Hedge Funds Weigh In On Rave Restaurant Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RAVE. NewEdge Advisors LLC raised its stake in shares of Rave Restaurant Group by 32.3% in the second quarter. NewEdge Advisors LLC now owns 33,067 shares of the restaurant operator’s stock valued at $108,000 after acquiring an additional 8,067 shares in the last quarter. BlackRock Inc. acquired a new position in Rave Restaurant Group during the 2nd quarter worth $233,000. Renaissance Technologies LLC grew its stake in Rave Restaurant Group by 6.8% during the 1st quarter. Renaissance Technologies LLC now owns 177,061 shares of the restaurant operator’s stock worth $469,000 after purchasing an additional 11,205 shares in the last quarter. James Investment Research Inc. increased its holdings in Rave Restaurant Group by 56.2% during the 1st quarter. James Investment Research Inc. now owns 25,000 shares of the restaurant operator’s stock worth $66,000 after purchasing an additional 9,000 shares during the period. Finally, Saber Capital Managment LLC purchased a new stake in Rave Restaurant Group during the 4th quarter worth about $514,000. Hedge funds and other institutional investors own 15.12% of the company’s stock.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock Analysis on RAVE

Rave Restaurant Group Company Profile

(Get Free Report)

RAVE Restaurant Group, Inc is a restaurant company that develops, franchises and operates pizza concepts. Its principal brands are Pizza Inn, a traditional pizza restaurant known for dine-in, buffet, carryout and delivery offerings, and Pie Five Pizza Co, a fast-casual concept specializing in individually customized pizzas with a variety of crusts, sauces, cheeses and toppings.

Through its franchising activities, RAVE supports restaurants operated by franchisees and maintains a presence in markets in the United States and internationally.