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Madrigal Pharmaceuticals (MDGL) Short Interest Ratio & Short Volume

Madrigal Pharmaceuticals logo
$308.44 +15.03 (+5.12%)
(As of 12/20/2024 05:31 PM ET)

Madrigal Pharmaceuticals Short Interest Data

Madrigal Pharmaceuticals (MDGL) has a short interest of 4.28 million shares. This marks a -3.39% decrease in short interest from the previous month. The short interest ratio (days to cover) is 10.6, indicating that it would take 10.6 days of the average trading volume of 436,534 shares to cover all short positions.

Current Short Interest
4,280,000 shares
Previous Short Interest
4,430,000 shares
Change Vs. Previous Month
-3.39%
Dollar Volume Sold Short
$1.40 billion
Short Interest Ratio
10.6 Days to Cover
Last Record Date
November 30, 2024
Outstanding Shares
21,810,000 shares
Percentage of Shares Shorted
19.62%
Today's Trading Volume
716,661 shares
Average Trading Volume
436,534 shares
Today's Volume Vs. Average
164%
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MDGL Short Interest Over Time

MDGL Days to Cover Over Time

MDGL Percentage of Float Shorted Over Time

Madrigal Pharmaceuticals Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
11/30/20244,280,000 shares $1.40 billion -3.4%N/A10.6 $328.19
11/15/20244,430,000 shares $1.28 billion -2.2%N/A11.3 $288.58
10/31/20244,530,000 shares $1.17 billion +11.9%N/A13.1 $259.34
10/15/20244,050,000 shares $875.49 million +4.9%N/A15.1 $216.17
9/30/20243,860,000 shares $819.17 million +3.5%N/A13.8 $212.22
9/15/20243,730,000 shares $901.91 million -0.8%N/A13.5 $241.80
8/31/20243,760,000 shares $929.21 million +0.3%N/A11.5 $247.13
8/15/20243,750,000 shares $916.88 million +1.9%N/A9.5 $244.50
7/31/20243,680,000 shares $1.05 billion -10.5%N/A8.6 $284.66
7/15/20244,110,000 shares $1.15 billion +0.7%N/A9.1 $279.95
6/30/20244,080,000 shares $1.14 billion -7.9%N/A9.1 $280.16
6/15/20244,430,000 shares $1.23 billion -15.3%N/A9.5 $277.59
5/31/20245,230,000 shares $1.24 billion +25.4%N/A9.4 $236.16
5/15/20244,170,000 shares $882.91 million +4.8%N/A8.1 $211.73
4/30/20243,980,000 shares $812.00 million +16.7%N/A6.9 $204.02
4/15/20243,410,000 shares $788.97 million +1.5%N/A5.9 $231.37
3/31/20243,360,000 shares $897.25 million +3.1%N/A6 $267.04
3/15/20243,260,000 shares $881.41 million -5.8%20.2%5.9 $270.37
2/29/20243,460,000 shares $817.25 million +2.1%21.4%7.3 $236.20
2/15/20243,390,000 shares $753.33 million +8.0%21.1%7.6 $222.22
1/31/20243,140,000 shares $680.47 million -5.1%19.5%7.2 $216.71
1/15/20243,310,000 shares $780.50 million +1.9%21.1%8.6 $235.80
12/31/20233,250,000 shares $751.99 million +5.9%20.7%7.9 $231.38
12/15/20233,070,000 shares $727.99 million -11.5%19.5%6.7 $237.13
11/30/20233,470,000 shares $705.45 million +0.3%24.4%7.1 $203.30
11/15/20233,460,000 shares $559.41 million +1.5%24.3%7.7 $161.68
10/31/20233,410,000 shares $448.01 million +13.3%24.7%8.2 $131.38
10/15/20233,010,000 shares $422.51 million +13.6%21.8%7.6 $140.37
9/30/20232,650,000 shares $387.01 million +24.4%19.2%7.4 $146.04
9/15/20232,130,000 shares $374.65 million +8.7%16.5%6.3 $175.89
8/31/20231,960,000 shares $352.80 million +8.3%15.2%6.3 $180.00
8/15/20231,810,000 shares $315.25 million -1.1%14.0%5.7 $174.17
7/31/20231,830,000 shares $375.70 million -3.2%13.8%5.3 $205.30
7/15/20231,890,000 shares $426.71 million +7.4%14.3%5.4 $225.77
6/30/20231,760,000 shares $406.56 million +10.0%13.3%4.7 $231.00
6/15/20231,600,000 shares $408.85 million +10.3%12.1%4.7 $255.53
5/31/20231,450,000 shares $403.69 million +15.1%10.4%3.9 $278.41
5/15/20231,260,000 shares $365.77 million -8.7%9.0%3.1 $290.29
4/30/20231,380,000 shares $430.56 million -6.8%10.0%3.3 $312.00
4/15/20231,480,000 shares $354.89 million +19.4%10.8%3.7 $239.79
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3/31/20231,240,000 shares $300.40 million +3.3%9.2%3.1 $242.26
3/15/20231,200,000 shares $286.57 million +16.5%8.7%2.3 $238.81
2/28/20231,030,000 shares $279.14 million +9.2%7.4%1.6 $271.01
2/15/2023942,900 shares $266.14 million 0.0%7.2%1.5 $282.26
1/31/2023943,300 shares $271.91 million -3.3%7.2%1.6 $288.25
1/15/2023975,300 shares $292.57 million -12.9%7.5%1.6 $299.98
12/30/20221,120,000 shares $325.08 million -52.7%9.0%1.9 $290.25
12/15/20222,370,000 shares $149.07 million +9.7%19.1%4.3 $62.90
11/30/20222,160,000 shares $151.44 million +3.9%17.4%7.3 $70.11
11/15/20222,080,000 shares $146.68 million +14.3%16.8%7.9 $70.52
10/31/20221,820,000 shares $128.89 million +17.4%14.7%7.4 $70.82
10/15/20221,550,000 shares $100.27 million +1.3%12.5%6.6 $64.69
9/30/20221,530,000 shares $99.43 million +2.7%12.4%7.2 $64.99
9/15/20221,490,000 shares $103.70 million +1.4%12.1%7.4 $69.60
8/31/20221,470,000 shares $106.02 million -4.6%11.9%7.8 $72.12
8/15/20221,540,000 shares $118.13 million -3.8%12.5%8.6 $76.71
7/31/20221,600,000 shares $100.51 million +3.2%12.9%8.4 $62.82
7/15/20221,550,000 shares $107.24 million -4.3%12.5%8.1 $69.19
6/30/20221,620,000 shares $115.96 million -2.4%13.1%8.1 $71.58
6/15/20221,660,000 shares $112.71 million +3.8%13.4%8.6 $67.90
5/31/20221,600,000 shares $106.22 million -5.3%12.9%8.5 $66.39
5/15/20221,690,000 shares $111.08 million -2.9%13.6%8.8 $65.73
4/30/20221,740,000 shares $121.80 million +1.8%14.0%8.2 $70.00
4/15/20221,710,000 shares $135.89 million -5.5%13.8%7.3 $79.47
3/31/20221,810,000 shares $177.60 million -9.1%14.6%7.8 $98.12
3/15/20221,990,000 shares $179.10 million +0.5%16.0%8.5 $90.00
2/28/20221,980,000 shares $183.84 million -1.5%16.0%8.1 $92.85
2/15/20222,010,000 shares $180.72 million +12.3%16.2%8.4 $89.91
1/31/20221,790,000 shares $103.07 million +19.3%14.4%8.5 $57.58
1/15/20221,500,000 shares $117.68 million +8.7%12.1%9.4 $78.45
12/31/20211,380,000 shares $116.94 million -6.8%11.1%9.6 $84.74
12/15/20211,480,000 shares $110.82 million +7.3%11.9%10.8 $74.88
11/30/20211,380,000 shares $114.14 million +2.2%12.0%12 $82.71
11/15/20211,350,000 shares $122.00 million -3.6%11.8%12.7 $90.37
10/29/20211,400,000 shares $108.85 million +3.7%12.2%13.3 $77.75
10/15/20211,350,000 shares $116.33 million -6.9%12.1%13.5 $86.17
9/30/20211,450,000 shares $115.70 million No Change13.0%14.1 $79.79
9/15/20211,450,000 shares $115.10 million -7.1%13.0%11.9 $79.38
8/31/20211,560,000 shares $129.09 million -5.5%14.0%12.2 $82.75
8/13/20211,650,000 shares $140.02 million +3.1%14.8%10.9 $84.86
7/30/20211,600,000 shares $139.71 million -4.2%14.4%10.4 $87.32
7/15/20211,670,000 shares $157.95 million No Change15.0%11 $94.58
6/30/20211,670,000 shares $162.67 million -5.1%15.0%10.9 $97.41
6/15/20211,760,000 shares $185.66 million -7.9%15.8%12.4 $105.49
5/28/20211,910,000 shares $214.49 million -7.3%17.2%14.1 $112.30
5/14/20212,060,000 shares $271.12 million +1.0%18.9%16.5 $131.61
4/30/20212,040,000 shares $280.68 million -8.5%18.7%14.8 $137.59
4/15/20212,230,000 shares $269.70 million -5.1%21.8%12.3 $120.94
3/31/20212,350,000 shares $273.80 million -4.5%23.4%12.7 $116.51
3/15/20212,460,000 shares $289.89 million -7.5%24.5%12.4 $117.84
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Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.

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2/26/20212,660,000 shares $327.34 million -4.0%26.5%13.5 $123.06
2/12/20212,770,000 shares $334.67 million +5.3%28.6%14.4 $120.82
1/29/20212,630,000 shares $304.11 million -8.4%26.0%13.7 $115.63
1/15/20212,870,000 shares $327.18 million +4.7%28.4%17.9 $114.00
12/31/20202,740,000 shares $304.47 million +12.3%27.1%19.3 $111.12
12/15/20202,440,000 shares $294.58 million -2.4%24.2%17.2 $120.73
11/30/20202,500,000 shares $297.78 million +5.5%24.8%16.9 $119.11
11/15/20202,370,000 shares $303.57 million -4.4%23.5%16.3 $128.09
10/30/20202,480,000 shares $318.23 million +0.8%24.6%18.5 $128.32
10/15/20202,460,000 shares $312.94 million No Change24.4%19.1 $127.21
9/30/20202,460,000 shares $292.08 million -13.7%24.4%19.4 $118.73
9/15/20202,850,000 shares $304.72 million +2.5%28.3%21.4 $106.92
8/31/20202,780,000 shares $299.41 million -1.8%27.6%25 $107.70
8/14/20202,830,000 shares $301.37 million +0.4%32.6%24.3 $106.49
7/31/20202,820,000 shares $289.36 million +0.7%32.6%18.9 $102.61
7/15/20202,800,000 shares $291.00 million -4.8%32.4%16.4 $103.93
6/30/20202,940,000 shares $302.06 million +1.0%34.1%14.9 $102.74
6/15/20202,910,000 shares $314.43 million +1.8%33.7%13.9 $108.05
5/29/20202,860,000 shares $332.96 million -8.6%33.1%12.5 $116.42
5/15/20203,130,000 shares $370.59 million -7.7%37.2%13.3 $118.40
4/30/20203,390,000 shares $283.68 million No Change40.3%16.4 $83.68
4/15/20203,390,000 shares $250.11 million +16.5%34.3%16.8 $73.78
3/31/20202,910,000 shares $263.21 million +18.8%29.5%15.6 $90.45
3/13/20202,450,200 shares $164.63 million -3.5%24.8%14.5 $67.19
2/28/20202,540,000 shares $176.40 million -1.9%25.7%13.2 $69.45
2/14/20202,590,000 shares $222.25 million +0.8%26.2%13.9 $85.81
1/31/20202,570,000 shares $217.22 million +6.6%26.0%13.5 $84.52
1/15/20202,410,000 shares $218.25 million +1.7%24.4%12.9 $90.56
12/31/20192,370,000 shares $182.44 million -1.3%24.0%13.7 $76.98

MDGL Short Interest - Frequently Asked Questions

What is Madrigal Pharmaceuticals' current short interest?

Short interest is the volume of Madrigal Pharmaceuticals shares that have been sold short but have not yet been covered or closed out. As of November 30th, traders have sold 4,280,000 shares of MDGL short. Learn More on Madrigal Pharmaceuticals' current short interest.

What is a good short interest ratio for Madrigal Pharmaceuticals?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. MDGL shares currently have a short interest ratio of 11.0. Learn More on Madrigal Pharmaceuticals's short interest ratio.

Which institutional investors are shorting Madrigal Pharmaceuticals?

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Madrigal Pharmaceuticals: Jane Street Group LLC, Wolverine Trading LLC, Ikarian Capital LLC, Walleye Capital LLC, and Citigroup Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Is Madrigal Pharmaceuticals' short interest increasing or decreasing?

Madrigal Pharmaceuticals saw a drop in short interest during the month of November. As of November 30th, there was short interest totaling 4,280,000 shares, a drop of 3.4% from the previous total of 4,430,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

How does Madrigal Pharmaceuticals' short interest compare to its competitors?

Here is how the short interest of companies in the industry of "biotechnology" compare to Madrigal Pharmaceuticals: Biogen Inc. (1.88%), United Therapeutics Co. (4.75%), Neurocrine Biosciences, Inc. (3.86%), Incyte Co. (3.16%), BioMarin Pharmaceutical Inc. (3.02%), Exact Sciences Co. (6.39%), Exelixis, Inc. (3.00%), Repligen Co. (6.34%), Halozyme Therapeutics, Inc. (6.81%), Ionis Pharmaceuticals, Inc. (7.18%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: AppLovin Co. ($5.70 billion), Charter Communications, Inc. ($4.55 billion), Spotify Technology S.A. ($3.84 billion), Royal Caribbean Cruises Ltd. ($3.07 billion), International Paper ($3.00 billion), Coinbase Global, Inc. ($2.93 billion), Cencora, Inc. ($2.54 billion), Paychex, Inc. ($2.53 billion), SoFi Technologies, Inc. ($2.24 billion), and Reddit, Inc. ($2.00 billion). View all of the most shorted stocks.

What does it mean to sell short Madrigal Pharmaceuticals stock?

Short selling MDGL is an investing strategy that aims to generate trading profit from Madrigal Pharmaceuticals as its price is falling. MDGL shares are trading up $15.03 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against Madrigal Pharmaceuticals?

A short squeeze for Madrigal Pharmaceuticals occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of MDGL, which in turn drives the price of the stock up even further.

How often is Madrigal Pharmaceuticals' short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MDGL, twice per month. The most recent reporting period available is November, 30 2024.




This page (NASDAQ:MDGL) was last updated on 12/21/2024 by MarketBeat.com Staff
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