
Mobileye (NASDAQ: MBLY) short interest remains high and has the stock set up for a squeeze. At 20%, the short interest rate is sufficiently high to drive a significant upside in the price action; all it will take is good news, and there is reason to believe it will come in 2025.
Automobile sales growth is sluggish, but advancements in technology are not. OEMs are embedding more driver assist and autonomous capability by the quarter, and Mobileye’s platform is well-positioned. Its camera-enabled EyeQ system is easily adaptable across vehicle types and offers numerous advantages to OEMs.