Beyond Meat (BYND) Stock Soars on Short Squeeze Hopes

Beyond Meat (NASDAQ:BYND) stock is rallying higher on Tuesday as investors are hoping for the meatalternative company's shares to undergo a squeeze. These hopes make sense considering that 25,356,827 shares of BYND stock are shorted. That's roughly 40.97% of the company's float. The high short interest makes it a price target for a squeeze. Adding to this is the recent interest in pumping up shorted stocks. This comes alongside a rally of meme stocks that started yesterday. That was initiated with the retur ...