There have already been 30 IPOs in 2024, according to Renaissance Capital, including renewable energy company Solarmax Technology and biotech CG Oncology, to name a pair of success stories.
Short interest in SolarMax Technology Inc (NASDAQ:SMXT) increased during the last reporting period, rising from 571.01K to 828.59K. This put 2.54% of the company's publicly available shares short.