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Michael Burry targets Build-A-Bear short squeeze amid heavy bearish positioning
Investor Michael Burry has reiterated his bullish position in Build-A-Bear Workshop, arguing that the struggling US retailer could be positioned for a short squeeze as bearish bets against the company reach elevated levels, according to a report by Business Insider. Burry, best known for predicting the 2008 financial crisis, highlighted that approximately 25% of Build-A-Bear's publicly available shares are sold short, with short interest equivalent to almost nine days of average trading volume. The positioning could leave short sellers vulnerable to significant losses if an unexpected recovery
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