No feel-good post. No fundamentals. No bag holding.

I ran BYND last time for ~3000% and disappeared to Greece for 18 days.

I’m back looking at it again for one reason:

The setup.

This is NOT a fundamentals play

I don’t care about bullish surprise earnings.
I don’t care about the USA Military plant-based MRE.
I don't care about more people than ever are cutting out red meat.

I care about one thing:

Are shorts in a position where they can get forced?

1. Short Interest

https://preview.redd.it/7jutyu68q6zg1.png?width=871&format=png&auto=webp&s=c63bf567c0d481bd27fa126515d60c0c3c801691

142,138,059 shares sold short
~463M shares outstanding
→ 30.66% of the entire company short

Not the float.

The entire company.

That’s crowded.

2. Days to Cover is LOW (but that matters)

https://preview.redd.it/hmgz7labq6zg1.png?width=879&format=png&auto=webp&s=7ddecdceaf4d027be3ec44b527c251ec0512e8ca

Days to cover is only 1.81

Most people think that’s bearish for a squeeze.

I don’t.

That means if volume spikes, shorts have to react fast, not slowly unwind with precision, but fast with emotion.

3. Shares Available to Short

Shares Available to Borrow

0 shares available

That tells you:

Supply is tight
Shares are being used
They’re actively managing positioning (this is huge, their ears are perked.)

4. Options Chain

May 8th 2026 Call Options

May 15th 2026 Call Options

^(If you've followed me before on successful short squeezes, you know I never go in unless the market makers (MMs) are going to feel the pain too. This Friday is showing the spark that will set off the fire to this BBQ, even if it is fake meat. 6.1 million shares will be in the money if we end over $1 this week. Then going into the week of 5/15 expiratory there is 19 million worth of shares that will be ITM just to the $2 strike.)

^(Combine that with 142 million+ shorts, we may overcook our meat with the heat wall street will have to beat. (wait, am I a rapper?)**)

Up to the $2 strike:

0.5 - 10,810 OI

1.0 - 78,043 OI

1.5 - 41,255 OI

2.0 - 60,986 OI

That’s 191,000 contracts
or 19 million shares worth

If price starts pushing:

MMs hedge > delta ramps > buying feeds buying

5. FTDs with Shorts Underwater

I saved the best for last:

FTD's

This is the part people miss.

Look at the clustering:

Millions of shares failing to deliver
Concentrated around $0.90 – $1.05

What does that mean? We don’t know where every short entered. But we DO know that’s where failures happened and where pressure exists

So, if price moves and holds above those levels?

That’s where stress starts building.

6. Borrow Cost

Borrow Cost

Borrow has been elevated and volatile.

Not max pain, but not comfortable either.

That tells me:

Shorts are still pressing
Risk is increasing

The Setup

This isn’t “BYND good.” (well.. it is BYND amazing, but in a different way)

This is about:

30% of the company short
tight share availability
stacked call OI
FTD pressure near current price
price sitting near key stress levels

You don’t need all of these, BUT when they line up?

That’s when things move.

Fast.

I’m not here for the story.

I’m here for the squeeze.

BYND looks like it’s setting up again.

Feel free to cross post or just absolutely plagiarize this post.

Edit:
These are my opinions. I track data across the entire market. When they hit my requirements I get interested. If you'd like to debate me go ahead. But again, I have nothing good to say about this company. I eat steak 5 times a week medium rare. This is a short squeeze sub. I only give you the data. You can see my post history. I predicted BGFV and BBBY and even gave you all the exact sell date and time with about 5 min accuracy.

u/Lawlpaper