Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Why Short Squeeze is Inevitable for MAXN

$Maxeon Solar Technologies (MAXN.US)$ Maxeon Solar Technologies (MAXN), a global leader in solar innovation, was spun off from SunPower and operates in over 100 countries.

Key Highlights:

1. World’s Most Efficient Solar Technology: MAXN’s Maxeon® IBC cells are recognized as the most efficient solar panels on the planet, offering unmatched performance and durability.
2. Expansion Plans: A $1 billion super factory is set to break ground in New Mexico by Q4 2024, significantly boosting production capacity to meet growing global demand.
3. Strong Backing: With a market cap exceeding $10 billion, TCL owns 69% of MAXN, providing solid support for growth and innovation.
4. High Short Interest: Estimated short interest is at 25.29% of the float, with an average cost to borrow of 237.95%, peaking at 305.5%. This heavy short pressure has kept the stock price low, making it an attractive opportunity for a potential short squeeze.
5. Growth Potential: MAXN’s strategic expansion, combined with its high short interest, presents the best opportunity for a short squeeze, potentially driving a rapid price rebound.

As demand for renewable energy continues to rise, MAXN’s strong technological leadership and strategic growth position it as a prime candidate for an inevitable short squeeze and swift price surge.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
12
1
+0
6
Translate
Report
105K Views
Comment
Sign in to post a comment
104Followers
2Following
698Visitors
Follow