Short interest in Atlanta Braves stock has tripled since the start of 2026 to $169 million, rising 193% according to S3 Partners, as investors weigh the risk of a potential MLB lockout beginning as early as Dec. 1, 2026. The Braves are the only publicly traded MLB team and are trading near record highs, intensifying the battle between short sellers and institutional investors that have increased their long positions. A prolonged work stoppage could mean missed games and pressure the team’s valuation, while a strong 2026 playoff run could support the stock. The Braves currently lead the NL East with a 75-53 record and are projected to reach the postseason. Their chances of winning the division are priced at 20.3% in a prediction market, up from 20% a day earlier and 4% a week earlier. The labor dispute centers on owners’ proposal for a $245.3 million salary cap, which the players’ association rejected. Six teams currently exceed that proposed cap, including the Braves at $258.5 million and the New York Mets at $319.2 million. MLB’s previous 99-day lockout delayed the 2022 season but did not cancel games, while the 1994 players’ strike lasted 232 days and led to the cancellation of the postseason and World Series.