Short Interest in FBS Global Limited (NASDAQ:FBGL) Grows By 48.6%

Posted by Brian Himes on Sep 2nd, 2026

FBS Global Limited (NASDAQ:FBGL – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 60,237 shares, a growth of 48.6% from the July 30th total of 40,539 shares. Based on an average daily volume of 234,947 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded FBS Global from a “sell (d)” rating to a “sell (d-)” rating in a report on Friday, August 7th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, FBS Global currently has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on FBS Global

FBS Global Stock Performance

FBS Global stock traded down $0.02 during mid-day trading on Wednesday, hitting $0.37. 19,193 shares of the company were exchanged, compared to its average volume of 947,491. The business has a fifty day moving average of $0.50 and a 200 day moving average of $0.61. FBS Global has a 1-year low of $0.34 and a 1-year high of $1.40.

Hedge Funds Weigh In On FBS Global

Institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in FBS Global in the fourth quarter valued at about $121,000. Jane Street Group LLC acquired a new stake in shares of FBS Global during the fourth quarter worth approximately $54,000. Finally, Citadel Advisors LLC raised its stake in shares of FBS Global by 202.0% in the third quarter. Citadel Advisors LLC now owns 48,077 shares of the company’s stock valued at $37,000 after acquiring an additional 32,157 shares during the last quarter.

FBS Global Company Profile

(Get Free Report)

The predecessor of our principal operating company was incorporated on March 9, 1996 in Singapore under the name Finebuild Systems Pte Ltd. Pursuant to a restructuring that took effect on August 2, 2022, FBS Global Limited, an exempted company incorporated in the Cayman Islands, through its wholly owned subsidiary, Success Elite Developments Limited, a company incorporated in BVI, became the ultimate holding company of our current principal operating subsidiary referred to herein as FBS SG. From its beginning as a construction company since 1996, FBS SG has developed into a premier integrated engineering company that provides a full suite of construction and engineering services.