It is known that the switches cannot effectively be flipped by accident. It is known that the switches were set to "cut-off" because they were then later restored to "run", so it was not an electrical fault (i.e. switches pointing to run but reporting cut-off). Pilot dialogue and engine telemetry confirms the cause of power loss was fuel cut-off. The question I can't help but think is how did the pilot realize it was…
How can it be known that the switches were moved physically and not some electrical signal occured on its own (fault) equivalent of switches operated, without actual physical moement of the switch? Some electronic fault in the line of the signal. I do not expect having an independent sensor for this switch monitoring actual physical movements of the switch in parallel of the intended fuel controlling signals occurrin…
It's extremely unlikely for a pilot to decide to react by shutting both switches off, then turning them on within seconds (this is not a failure mode they'd have expected, deciding to shut the engine off a couple hundred feet in the air would be... a fairly reckless decision).
That leaves both switches spontaneously turning off, then back on, a couple seconds after takeoff, which is a failure mode that's never been seen before once let alone twice. Also the pilots didn't make a statement about an incongruity between the report from the plane's systems about the switch being off vs the physical position, which they very likely would have in such a situation.
I think it's reasonable to rule that theory out.