Were You Overcharged For Short Selling Beyond Meat (BYND)?

Beyond Meat (BYND) is one of the most expensive stocks to short as the borrowing fees are more than 100%. The cost of shorting the producer of plant-based meat substitutes can be almost double the cost of shorting other stocks.

The stock price for Beyond Meat has risen by more than 300% since its IPO in May, 2019, though the company has yet to make a profit. Many investors are bearish on the company.

So far, most short sellers have gotten crushed. But they continue to look for the chance to bet against the high-flying stock. With borrowing costs so high, short sellers can have a hard time profiting even if the stock drops in value.

Much of Beyond Meat’s stock is in the hands of internal holders or non-lending retail investors. Short sellers are hoping that more stock will become available for lending when the 180-day lockup period expires in October, 2019.

There is speculation that traders may have been overcharged by their broker-dealers for shorting Beyond Meat.

Did your broker-dealer overcharge you for shorting Beyond Meat (BYND)?

Silver Law Group represents investors in securities and investment fraud cases. Our lawyers are admitted to practice in New York and Florida and represent investors nationwide to help recover investment losses due to stockbroker misconduct. If you have any questions about how your account has been handled, call to speak with an experienced securities attorney. Most cases are handled on a contingent fee basis, meaning that you won’t owe us until we recover your money for you. Contact us today and let us know how we can help.