Key facts
- Michael Burry is bullish on Build-A-Bear Workshop.
- Burry believes the retailer is poised for a short squeeze.
- 25% of Build-A-Bear's float is shorted, with almost nine days to cover.
- Build-A-Bear has 662 locations globally, with 129 opened in the last two years.
- The company's growth is increasingly coming from low-capital formats like wholesale and small format stores.
Hedge fund manager Michael Burry has expressed a bullish stance on Build-A-Bear Workshop, a toy retailer he believes is positioned for a significant short squeeze. Burry highlighted that the company's stock has been heavily shorted, with approximately 25% of its float shorted and nearly nine days to cover. He noted the company's successful decade-long strategy to refresh and refocus its sales, which has led to 662 locations across 37 countries, including 129 new openings in the past two years. Growth has increasingly stemmed from low-capital formats like wholesale/partner and small format/concourse stores. Despite the stock being down more than 50% in 2026, Burry sees potential for a comeback.