Luminar Technologies Inc (LAZR)

[Candlestick_Ninja]

$lazr $vix Despite recent drops, LAZR remains a prime candidate for a short squeeze, especially given the metrics indicating significant short interest:

Short Interest: 82,099,423 shares
Short Interest Ratio: 28.71 Days to Cover
Short Interest % Float: 26.35%
Off-Exchange Short Volume: 1,467,716 shares
Off-Exchange Short Volume Ratio: 60.39%

While LAZR may experience intermittent drops, these are part of the territory for volatile stocks like this.
The VIX index, known as the fear gauge, tends to spike during periods of market uncertainty. Interestingly, spikes in the VIX can often trigger short squeezes, as heightened volatility forces short sellers to cover their positions, driving prices higher.

Disclaimer: This analysis is for informational purposes and educational purposes only!

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