I don't play the game of buying sh\*t companies like bynd to play the short squeeze game, I buy because the fundamentals say it's cra cheap. Upwk is definitely that, but that's not this forum, suffice to say between its net cash position, op margin, fcf, this thing is blessed by the dcf gods.
Forget all that, for whatever reason this thing is:
\* 31.2 percent short of the float.
\* 77 percent held by tutes
\* 9 days to cover
To be fair, it's probably trading sideways through Monday August 10 in the pm, their next earnings date. I'm slowly accumulating between this and fvrr (fvrr has no such short setup), as my other positions fluctuate.
The slightest bit of decent news, including, we slowed the decline in fcf, and this thing runs with zero volume available to cover.