Charley Grant of the Wall Street Journal reported on Oct. 10, 2019, Bed Bath & Beyonds incoming chief executive, Mark Tritton, is soaking the short sellers. The retailer said Wednesday afternoon that Mr. Tritton, most recently an executive at Target, will take the top job starting next month. That concludes a search that began in the spring. Chairman Patrick Gaston said in a press release that Mr. Tritton boasts one of the most impressive resumes in the business. Evidently, investors agree: The stock surged more than 21% on Thursday. Through Wednesday, the retailer had been a great stock to bet againstshares had fallen nearly 90% since 2015. Over that period, the companys annual operating profit fell by roughly 75%. That performance had attracted a more than a passing crowd of skeptics, however: More than 53% of publicly available shares were sold short, according to FactSet. Now those naysayers are taking a bath. On the bright side, anyone who took a loss betting against the stock can recoup some savings on the companys dime, if they have any of the chains famous 20% off coupons. This upswing clearly is a short squeeze. Explain how it works