About Magnum Goldcorp Inc. (MGIDF) data
Data as of April 28, 2023.
Magnum Goldcorp Inc. (MGIDF) has 30.48K shares sold short as of the latest FINRA settlement report on April 28, 2023. Short interest has increased by 0.00% compared with the prior settlement. At the current average daily volume, covering all open short positions would take about 761.93 days (days to cover).
Frequently asked questions
What is the current short interest in MGIDF?
As of the latest FINRA settlement dated April 28, 2023, MGIDF had approximately 30,477 shares sold short. Short interest data is reported by FINRA twice per month.
What is the days to cover ratio for MGIDF?
Days to cover for MGIDF is approximately 761.93 days. This estimates how many trading days it would take short sellers to buy back all outstanding short shares at the current average daily volume.
Is MGIDF a short squeeze candidate?
A squeeze needs shorts that are hard to close. MGIDF trades about 40 shares a day and would take roughly 761.93 days to unwind current short positions. Higher days-to-cover and a rising borrow fee together are the setup to watch; neither alone is enough.