🟢 M is trading 3.03% up today as short interest surge triggers short-covering rally

M is trading at $22.29 (+3.03%) as a surge in short interest triggers a short-covering rally following a volatile week of technical swings.

• Short interest reached 10% of the float after a 23.5% mid-January increase, signaling intensified bearish bets that are likely being covered.
• The move follows a week of significant fluctuations, including a 5.48% surge on Feb 6 and a 3.53% recovery on Feb 11.
• Technical analysis shows buy signals from moving averages with support levels at $12.97, while the S&P 500 provides modest tailwinds (+0.28%).