Last Updated moments ago at 8:35 AM
Top 10 Short Squeeze Candidate
MGP Ingredients, Inc.
MGPI

SqueezeLine Score
9.4
xx
Short Float:17.31%
Float:13.03 million
Shares Short:2.26 million
Shares Outstanding:18.12 million
Short % of Outstanding:12.45%
Average Volume:106,900
Short Ratio:21.11
200-day Trend:Price ▲ Volume ▲
Top Analyst Recommendations
Summary

With a SqueezeLine score of 9.4, MGPI has an extremely high probability of squeezing higher and is one of our top short squeeze candidates. A short float of 17% is significant, but not incredibly 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 21.11 means it would take approximately 21 days to fully cover the short position, based on the recent average volume of 106,900.