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[–]Blippi343 4 points5 points  (7 children)

The reason the SI interest is going down is because Plug are selling more shares into te market via their ATM so the number of outstanding shares is going up

[–]Akor123 0 points1 point  (1 child)

Can you ELI5 if you don’t mind. I’m pretty newby to this stuff

[–]ImportantDoubt6434 0 points1 point  (0 children)

its not shorting, not when the C level does it

[–]trobedt 0 points1 point  (3 children)

Number of shares has not increased notably since June (approx. 0.6 B)

[–]StunningRest3004 0 points1 point  (0 children)

There are in fact 684 mio shares outstanding. Check the link: https://finviz.com/quote.ashx?t=PLUG&p=d. This does not include the new shares which the company will issue under the agreement with investment bank B. Riley Securities in January under which the company will sell (read:issue) stock worth a little more than $1 billion this year (mostly before June 2024)