Shares of plant-based meats provider Beyond Meat Inc (NASDAQ: BYND) are trading lower Thursday following a note from JPMorgan suggesting that McDonald's Corp (NYSE: MCD) has discontinued its test
As of the close of business on Friday, 7/22, we captured the Top 10 Highest Short Interest % stocks within the Consumer Defensive Sector.
The average short interest for stocks within the Consumer Defensive sector stands at 2.51%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.
Beyond Meat Inc (NASDAQ: BYND) shares are trading higher by 14% to $34.12 amid overall market strength. Stocks have been highly volatile following Wednesday's CPI report.
What Happened?
On May 24th, 2022 it was announced that Reality Star, Real Life Elle Woods and Billionaire, Kim Kardashian would be Beyond Meat’s (NASDAQ:BYND) Chief Taste Consultant. What that entails exactly is unknown.
Beyond Meat's (NASDAQ:BYND) short percent of float has risen 6.62% since its last report. The company recently reported that it has 23.09 million shares sold short, which is 40.72% of all regular shares that are available for trading.
Beyond Meat Inc (NASDAQ:BYND) has roped in professional tastemaker and entrepreneur Kim Kardashian as its Chief Taste Consultant. Kardashian will share…
As a long-time fan and avid consumer of Beyond Meat’s products, the global icon will show consumers how to Go Beyond® with her favorite plant-based meat brand
EL SEGUNDO, Calif., May 24, 2022 (GLOBE