Global asset management firm D.E. Shaw increased its stake in Cracker Barrel Old Country Store to 7.3% from 5.1%, now holding 1,631,772 shares. The new acquisition adds to a round of buying in June. D.E. Shaw has been an opportunistic investor in Cracker Barrel over the years but has always held a passive stake, in contrast to other investors like Sardar Biglari. Shares of Cracker Barrel are up more than 100% in 2026 after a stumble late in 2025, with short interest at 27.2% of the total float adding to volatility. The restaurant operator is expected to report fiscal fourth quarter earnings in early September.
Cracker Barrel Old Country StoreD.E. Shaw increased its stake to 7.3%, signaling confidence and potentially supporting the stock.