Hey y’all, I’m hoping some people will be able to counter my points. I recently landed on EVgo and it seems like this is a highly profitable company with unreasonably high short interest. See the screen shots below. This company has positive earnings compared to other EV charge companies and recently signed a cntract with GM and some interstate rest stations and some major cities. For some reasons, this stock is highly shorted yet institutions are buying up. Everything screams BUY. Can anyone please counter?? Thanks!
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