Summary

With a SqueezeLine score of 9.5, MDGL has an extremely high probability of squeezing higher and is one of our top short squeeze candidates. Having 24% of the float sold short, there are many short sellers that will need to cover their position. This short interest is high. The 200-day price and volume are both in an uptrend, which is generally bullish. With a low float like this, a little bit of volume can move this stock significantly. A short ratio of 15.50 means it would take approximately 15 days to fully cover the short position, based on the recent average volume of 158,466.