Late last month, we dropped our summer report, featuring 10 picks that can make the old 'sell in May' adage obsolete. Today, we have satellite stock Intuitive Machines Inc (NASDAQ:LUNR). To access the entirety of the 2026 report, click here.
The following is our analysis and chart from April 24. LUNR is up 41% in May.
Space exploration stock Intuitive Machines (LUNR) in April broke out to three-year highs and is strongly outperforming the broader market to the tune of a 71% year-to-date gain. Since last August, the shares have risen more than 200%, all while short interest is up 70% during the same timeframe.
With 25% of the stock’s total available float sold short and LUNR showing persistent technical strength, many of these short sellers are trapped in a losing position and will be forced to cover.