Update on this topic - I’m going to track and update this periodically (hopefully the moderators will allow it). As stated in my original post, I’m not making investing decisions based on this - just observing for educational purposes.
Shares short has come down slightly, but is still pretty high:
8/15 - 6.06MM shares short
8/31 - 5.87MM shares short
9/15 - 5.5MM shares short - about 16.5% of outstanding shares (for reference, most companies are around 1% to 4% - so the short interest in TMDX continues to be rather large.)
With the inclusion in the S&P 600 Small Cap, many funds will be forced to buy TMDX.
There have been recent analyst upgrades for TMDX with $200 price targets.
The overall stock market is trending higher.
At some point, if TMDX stock keeps rising, all of these shorts are going to have to cover which could result in a large squeeze.