Are BBBY shares in a squeeze?

Since the vast majority of short sellers are in the black, and since the total value of BBBY shares held short is relatively low, shorts don’t appear to be in much of a precarious position. A squeeze appears unlikely. Over the past couple of years, it seems like a GameStop short squeeze has always been “right around the corner.”

Does Bed Bath & Beyond stock have a short squeeze in 2022?

Short interest data can be a useful tool when studying short squeezes in Bed Bath & Beyond (BBBY) stock that have occurred frequently in 2022. MarketBeat's BBBY short interest data showed the conditions for a BBBY squeeze have been building since the start of the year. The percentage of float shorted for BBBY stock stood at about 26.4% on 31 December 2021.

Why did the BBBY share price fall?

The BBBY share price fell from a five-month high of $30 in mid-August 2022 to below $10 in the first week of September. This decline was due to news of poor quarterly financial performance, job cuts, and the closures of 150 stores. High short interest and social media-driven frenzy had earlier caused a rally that lifted the stock price by over 500% from the start of the month.