What's Going On With Bed Bath & Beyond Shares Exploding Higher?

Bed Bath & Beyond Inc BBBY shares are trading higher by some 120.33% to $6.72 going into Monday's close amid short squeeze volatility.

Bed Bath & Beyond shares have seen marked, continued volatility throughout 2023 as the company considers strategic alternatives, including potential bankruptcy.
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According to data from Benzinga Pro, BBBY stock has a total share float of 65.6 million, of which 38.55 million shares are sold short, representing 58.77% of shares sold short.

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2023 has been a rollercoaster year for shares of the domestic merchandise retailer: amid short squeeze volatility and bankruptcy concerns, BBBY shares have jumped a massive 318.31% in the trailing month.

According to data from Benzinga Pro, BBBY has a 52-week high of $30.06 and a 52-week low of $1.27.

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