Plug Power Inc's (NASDAQ:PLUG) short percent of float has fallen 9.19% since last its last report. The company recently reported that it has 48.55 million shares sold short, which is 9.58% of all regular shares that are available for trading.
Stung by the broader market weakness and deterioration in sentiment toward Chinese stocks, the EV sector closed the week ending Dec. 17 mostly in the red. Tesla, Inc. (NASDAQ: TSLA) came under selling pressure amid further stock sales by CEO Elon Musk.
Plug Power Inc. (NASDAQ: PLUG) shares gapped higher Thursday morning but have since fallen. The company signed an agreement with Edison Motors to develop a hydrogen fuel cell-powered electric city bus.
Plug Power Inc (NASDAQ: PLUG) is trading higher Thursday after the company signed an agreement with Edison Motors to develop a hydrogen fuel cell-powered electric city bus.
Plug Power’s 125kW ProGen fuel cell engine will provide power to Edison Motors’ electric bus platform.
Plug Power to Supply up to 10 Tons per Day of Green Hydrogen, Certarus to Serve as Preferred Third-Party Logistics Provider
LATHAM, N.Y. and HOUSTON, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a
Someone with a lot of money to spend has taken a bearish stance on Plug Power (NASDAQ:PLUG).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.