What happened Shares of plant-based meat company Beyond Meat (NASDAQ: BYND) refused to go down with the rest of the market on Thursday. Instead the stock was up 9% as of 3 p.m. ET. By contrast, the S&P 500 was down 1.6%. As it turns out, a lot of people are betting against Beyond Meat stock. And recent developments may have them rethinking their positions. So what The Russell 1,000 index tracks the top 1,000 public companies in the U.S. Today, Bloomberg reported that Beyond Meat is officially the most shorted stock among these top 1,000. This means there's a lot of bearish sentiment when it comes to Beyond Meat. And it's not just retail investors who feel this way. Among 14 analysts tracked by TipRanks, only one would recommend buying Beyond Meat stock. Six recommend selling. Image source: Getty Images. However, Beyond Meat has recently reported that Beyond Fried Chicken is now available at Kentucky Friend Chicken (owned by Yum! Brands) around the U.S. after a lengthy development process. Prior to the announcement, Beyond Meat bears had started to assume this rollout would never happen. If successful, Beyond Meat's chicken platform could catalyze growth, and that might be causing some short sellers to reconsider. To close out a short position, you have to purchase shares. And buying shares helps the price go up in the short term. That might be what we're seeing today. Now what Through the first three quarters of 2021, Beyond Meat's net sales are up 19% compared to the comparable period of 2020. However, the company's net loss has widened considerably. Therefore, bearish sentiment from short sellers is understandable. Shareholders will hope that Beyond Meat management will have an optimistic forecast for 2022 when it reports financial results. Its fourth-quarter report is expected next month. 10 stocks we like better than Beyond Meat, Inc.When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Beyond Meat, Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of January 10, 2022 Jon Quast owns Beyond Meat, Inc. The Motley Fool owns and recommends Beyond Meat, Inc. The Motley Fool has a disclosure policy.Source