11:20 AM EDT, 10/21/2025 (MT Newswires) -- BARK (BARK) shares rose by more than 9% in recent Tuesday trading after Shay Capital, a major shareholder, urged the company to authorize a $25 million share buyback, citing its robust financial position.

In a letter to the company's board, Shay also called for the pet products company to secure inventory financing against the $98 million in paid-for inventory to free "trapped" capital for growth initiatives.

The activist investor also recommended that the company expand its product categories to include vitamins, supplements, and DNA testing kits by utilizing its database of over 6 million dogs across the US.

BARK did not immediately respond to a request for comment from MT Newswires.

Price: 0.96, Change: +0.08, Percent Change: +9.20