Shares of Beyond Meat (NASDAQ: BYND) jumped as much as 12.6% early Wednesday, then settled to trade up around 6.7% as of 2:30 p.m. But that percentage has also declined slightly over the past couple of weeks, from just under 44% at the end of October, indicating some short sellers may have already begun to (or at the very least are preparing to) close their positions. Earlier this week, the broader market also rallied hard after the latest Consumer Price Index report showed inflation has continued to moderate at a faster pace than expected.