Buy BYND stock to Huat Big Big?

Hi Mooers,

Welcome back from my previous post 'Is it getting crazier out there?'!

On today's topic, we will be discussing on how to gain useful insights into market sentiment by using the short sale data.

For this, we will focus on one particular stock: Beyond Meat Inc ( $Beyond Meat (BYND.US)$ ).

Here, I have extracted the 'Short Interest' data for Beyond Meat Inc.

The values on the left side shows the 'Short Interest (%)', while the values on the right side shows the 'Closing Price (US$)'.
The blue color line represents the 'Short Interest (%)' trend, while the gray color line represents the 'Closing Price (US$)' trend.

Notice that when the 'Short Interest (%)' move up, the 'Stock Price' move down.
When the 'Short Interest (%)' move down, the 'Stock Price' move up.

Thus, we might be able to see BYND stock price moving up next week as 'Short Interest (%)' start to goes down further.

So, which value of 'Short Interest' data do you focus more? You may choose more than one.

Last but not least, remember to DYODD (Do your own due diligence), as the 'Short Interest' data is one of the many market sentiment indicators and it behaves differently for different stocks.

Thank you for your likes and support!

Tip: Park your idle USD into 'CSOP USD Money Market Fund' while waiting to buy BYND.

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Mars Mooo

To the Mars and Mooooo.... 🚀

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