Is A Short Squeeze Ahead for Plug Power Inc (PLUG)?

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Is A Short Squeeze Ahead for Plug Power Inc (PLUG)?
Many investors appear to be quite bearish on Plug Power Inc (NASDAQ:PLUG), especially if you look at the percentage of the float that is sold short for this stock. Currently, 23.2% of the float is sold short, suggesting an extreme level of bearishness for PLUG.

However, it is worth noting that earnings estimates have actually been moving higher for the company, despite the pessimism. Thanks to these rising estimates, we have a Zacks Rank #2 (Buy) on PLUG, so we clearly don’t believe in the negativity surrounding this firm, and are instead looking for shares of PLUG to move higher in the weeks ahead.

PLUG POWER INC (PLUG): Free Stock Analysis Report

Bonhoeffer Fund July 2022 Performance Update

Screenshot 27Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%.   Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More

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