Two of the most-hyped industries in recent years—artificial intelligence (AI) and green hydrogen energy—have each produced a number of breakout star stocks, the result of widespread investor enthusiasm for the transformational potential of new technologies. However, even within a highly popular industry not every company can succeed all the time, and one company in each of those two spaces has emerged as a contender for most-shorted stock as of mid-March 2025.
SoundHound AI Inc. (NASDAQ: SOUN) and Plug Power Inc. (NASDAQ: PLUG) have each experienced massive spikes in popularity and share price in recent years—SoundHound late in 2024 and early into the new year and Plug Power in 2021. Now, these firms have attracted a high degree of short interest among investors, who are banking on them to continue to fall in price into the future. But is it time to join the bears or take a contrarian, bullish view of these two companies while they each trade at levels far below their peaks?
