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Barchart
Wajeeh Khan

Plug Power Stock Is Heating Up on Short Squeeze Hopes. Should You Buy PLUG Here?

PLUG Plug Power short squeeze

Plug Power (PLUG) shares are inching further up on Tuesday after Paul Middleton, the company’s chief of finance, loaded up on 650,000 of its shares. 

PLUG is retaining upward momentum also because investors are hoping for a short squeeze, given the hydrogen fuel cell maker currently has nearly 30% of its float held short. 

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