MiMedx Group

MDXG

MiMedx Group is a biomedical company based in Marietta, Georgia, founded in 2008. Using tissues from birth such as the placenta, amniotic sac, and umbilical cord, MiMedx creates skin (for skin grafts) and bone tissue (for bone grafts). As of April 2020, the company had approximately 710 employees.MiMedx joined the NASDAQ exchange in April 2012 as MDXG. The company's 2012 revenue was around $27 million. MXDG was delisted in November 2018 after fraud and other impropriety and is currently trading on OTC Pink.

MiMedx Group has been a target of short sellers for a while. The current short interest of 6.35% is roughly at the average of the last 12 months (5.06%).