SHAK - Highly-shorted restaurant names like Shack Shack Cheesecake Factory see extra dash of volatility

The restaurant sector has had a volatile week as the Q4 earnings season begins and COVID-19 developments weigh on dine-in operations in some regions. Also in the mix, some restaurant stocks with a high level of short interest as a percentage of total float are seeing extra volatility over the last few weeks as the epic battle between retail traders and professional short sellers plays out. Red Robin Gourmet (RRGB) is up 9.51% on the day and is 35.31% higher over the last month. Cheesecake Factory (CAKE) is down 3.65% after a huge jump earlier in the week. Shares of CAKE are up 30% YTD. Bloomin' Brands (BLMN) is 3.30% higher today amid a bouncy week of trading. Shake Shack (SHAK) is 4.34% higher on the day to cut into its +40% month. Dave & Buster's Entertainment (PLAY) is 2.72% higher on the day and is up 99% over the last three

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Highly-shorted restaurant names like Shack Shack, Cheesecake Factory see extra dash of volatility