Why is BYND tanking?

Why is BYND tanking?

The alternative meat company fell 12% to close out last week after blaming the Covid-19 delta variant and a drop in retail orders for weaker revenue than expected ahead of its official quarterly release scheduled for early November.

Similarly, What is the short interest in BYND?

Short interest is the volume of Beyond Meat shares that have been sold short but have not yet been closed out or covered. As of March 31st, investors have sold 21,240,000 shares of BYND short.

Will BYND recover? Looking ahead, Beyond has lowered its annual revenue forecast for 2022. Brown reassured stakeholders that the company will recover its growth trajectory in the 10 months ahead.

Thereof, Why did BYND drop today?

Beyond Meat stock plunged 17% in premarket trading after the company reported worse-than-expected earnings, blaming the poor results on the Covid Delta variant, labor shortages, and shipping delays.

Is BYND a meme stock?

Hot Meme Stocks: Beyond Meat (BYND)

What are the most shorted stocks?

Most Shorted Stocks Right Now

  • Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
  • Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
  • SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
  • Beyond Meat, Inc. (NASDAQ:BYND) …
  • Lemonade, Inc. (NYSE:LMND)

What stocks have the highest short interest?

High Short Interest Stocks

Ticker Company ShortInt
BYND Beyond Meat Inc 40.60%
GOGO Gogo Inc 39.18%
ICPT Intercept Pharmaceuticals Inc 35.97%
BLNK Blink Charging Co 35.29%

Who owns stock in Beyond Meat?

Top 10 Owners of Beyond Meat Inc

Stockholder Stake Shares owned
The Vanguard Group, Inc. 7.74% 4,909,888
BlackRock Fund Advisors 3.28% 2,082,509
Spyglass Capital Management LLC 3.17% 2,009,147
Susquehanna Financial Group LLLP 3.01% 1,907,405

What is going on with Beyond Meat?

In 2022, Beyond Meat stock is down 29.7% through March 2, trailing the S&P 500’s negative 7.7% return over this period. Last year, the stock lost 47.9% of its value, while the broader market returned 28.7%. In 2020, it surged 65.3%, driven by consumers freezer-loading food during the early stages of the pandemic.

What is Beyond Meat made of?

A Beyond Burger, however, includes 18 ingredients: water, pea protein isolate, expeller-pressed canola oil, refined coconut oil, rice protein, natural flavors, cocoa butter, mung bean protein, methylcellulose, potato starch, apple extract, salt, potassium chloride, vinegar, lemon juice concentrate, sunflower lecithin, …

Who are Beyond Meat competitors?

Beyond Meat Competitor Analysis

  • Impossible Foods. Impossible Foods Inc. is an American company that develops plant-based meat products. …
  • Cargill. Cargill is an American conglomerate that works primarily in the food and agricultural industry. …
  • Kellogg. …
  • Nestle. …
  • Hormel Foods.

Who invested in Beyond Meat?

Top 10 Owners of Beyond Meat Inc

Stockholder Stake Shares bought / sold
Baillie Gifford & Co. 13.35% -87,789
The Vanguard Group, Inc. 7.74% +10,906
BlackRock Fund Advisors 3.28% -13,508
Spyglass Capital Management LLC 3.17% -3,683

Is Novavax publicly traded?

Novavax, Inc. is an American biotechnology company based in Gaithersburg, Maryland, that develops vaccines to counter serious infectious diseases.

Novavax.

Type Public company
Products Vaccines
Revenue US$475.2 million (2020)
Number of employees 791 (February 24, 2021)
Website www.novavax.com

What is an overvalued stock?

An overvalued stock is one that trades at a price significantly higher than its fundamental earnings and revenue outlook suggests it should. It may also trade at a price-to-earnings multiple higher than its peers when adjusted for future growth.

Is SNDL a shorted stock?

Short Shares Availability

This table shows the number of shares of US:SNDL available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.

What is the most shorted stock in the UK?

Number of funds short: 6. Cineworld is the most shorted stock on the FTSE, with 8.9% of the shares being shorted.

What is the most shorted stock today?

Most Shorted Stocks

Symbol Symbol Company Name Float Shorted (%)
GOGO GOGO Gogo Inc. 37.66%
BYND BYND Beyond Meat Inc. 37.56%
LMND LMND Lemonade Inc. 37.07%
NPCE NPCE NeuroPace Inc. 36.09%

How do you tell if a stock is heavily shorted?

Search for the stock, click on the Statistics tab, and scroll down to Share Statistics, where you’ll find the key information about shorting, including the number of short shares for the company as well as the short ratio.

What are the least shorted stocks?

Silence Therapeutics (SLN) has the lowest short interest by a US stock, with 0.01% of float sold short (9,793 shares).

What mutual funds own beyond meat?

Largest shareholders include Baillie Gifford & Co, Susquehanna International Group, Llp, Vanguard Group Inc, BlackRock Inc., Jane Street Group, Llc, Spyglass Capital Management Llc, Citadel Advisors Llc, Susquehanna International Group, Llp, Barclays Plc, and Susquehanna International Group, Llp.

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