Aug. 14 at 2:03 AM
$MGTX short interest musings: June 30th through July 31st stock price increased
$1.15 from
$6.50 to
$7.65, on the back of 435,000 shorted shares being bought back. As of 7/31/2025 the short interest stands at 3,295,000 (nearly "5 days to cover"). Where would the stock price be if the 3,295,000 drops to 1,295,000? Definitely a tail wind no matter how you spin it.