(BYND) - Analyzing Beyond Meat's Short Interest
Portfolio Pulse from Benzinga Insights
Beyond Meat's short interest has increased by 4.44%, with 39.78% of its float sold short. This is significantly higher than its peers' average of 6.23%. The high short interest could indicate bearish sentiment, but it also presents potential for a short squeeze.
October 24, 2024 | 6:15 pm
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Beyond Meat's short interest has increased to 39.78% of its float, indicating a significant bearish sentiment compared to its peers. This could lead to increased volatility and potential for a short squeeze.
The increase in short interest to 39.78% of float suggests bearish sentiment, but it also creates the potential for a short squeeze if the stock price rises, leading to increased volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100