MDA MDA Space Ltd.

XNYS 29.27 Delayed
Find condors

Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Expected move IV rank history Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

MDA $29.27 —
Key stats
$29.27
52-Week Range
$23.23 – $49.37
YTD
-4.97%
IV Rank (30D)
33.37
Straddle Price
$3.92
P/C Vol Ratio
1.94
Market Cap
$4.6B
Open
$28.80
Day Range
$28.31 – $29.53
Volume
837,857
Prev Close
$28.36
Fair Value

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.96%
Beta vs SPY2.76
Cost of Equity (CAPM)20.14% (VRP-adj)
WACC20.39%
Volatility Risk Premium+28.5pp (IV − HV30), ERP adj +50bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+3.0%
DCF Horizon5 years explicit + fade
Forward Tilt (NTM/TTM)×1.03 (applied to P/E, EV/EBITDA, P/S)
Quality Score0/6 — cyclical/struggling (5y DCF)
SMA 50$29.57 (Market Anchor value)
SMA 20 / Bollinger Mid$28.50
Bollinger Width / SMA2045.9% (drives anchor stability)
Net Debt$0.0B
Peers used for multiples: ATRO, FLY, LMT, RDW, RKLB, RR, VOYG, YSS
Blended Fair Value
—
Deviation
—
MethodImplied PriceWeightDetail
DCF n/a 0%
DDM (Gordon) n/a 0%
Peer P/E n/a 0%
Peer EV/EBITDA n/a 0% median 14.0× · 3 peers
Peer P/B n/a 0% median 4.7× · 7 peers
Peer P/S n/a 0% median 8.8× · 7 peers
Market Anchor (SMA50) $29.57 0% stability 0% (BB-width)
Options Expected (B-L 30d) $24.62 0% 6 strikes · skew +0.25
As of 2026-10-27 · updated
About
Industry (SIC)
GUIDED MISSILES & SPACE VEHICLES & PARTS (3760) · industry map
Exchange
XNYS
Market Cap
$4.6B
Employees
4,000
List Date
2021-05-18
CIK
0001857047
Next Earnings
2026-11-05 (Pre-Market)
EPS Forecast
$0.20 (3 est.)
Homepage
https://www.mda.space

MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'26Avg
Jan----
Feb----
Mar-17.79%-17.79%
Apr18.29%18.29%
May44.62%44.62%
Jun-2.78%-2.78%
Jul-24.02%-24.02%
Aug-10.34%-10.34%
Sep4.44%4.44%
Oct1.04%*1.04%
Nov----
Dec----
Total-1.71%-1.71%
* Only 1 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $28.48
SMA 50: $29.45
SMA 200: —
Current: $29.27
EMA 12: $28.32
EMA 26: $28.81
MACD: -0.4857 | Signal: 0.1183
BEARISH
ADX (14): 19.68
RANGE
+DI: 19.06
−DI: 23.18

Momentum Oscillators

RSI (14): 51.96
NEUTRAL
Stoch %K: 65.90
Stoch %D: 46.50
Williams %R: -7.12

Volume & Volatility

BB Upper: $30.31
BB Lower: $26.66
NEUTRAL
OBV: 2,933,176
Vol SMA 20: 1,771,325
Vol ROC: -97.10%
ATR: $1.41
True Range: $1.22
HV 20: 55.5%
HV 30: 52.0%
HV 60: 47.9%

Data Summary

Data Points: 159
Last Updated:
Date Range: 2026-03-12T00:00:00 – 2026-10-27T00:00:00
AI Analysis

LLM Stock Analysis Report - MDA

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Positive news sentiment surrounding recent acquisitions and partnerships
  • Strong momentum signals from technical indicators
  • High volatility and beta suggest increased risk

Primary Risks:

  • Earnings miss or guidance adjustment could lead to significant price decline
  • Regulatory issues or delays in project execution could impact stock performance
  • Overbought conditions may trigger a correction

Investment Thesis: MDA's recent acquisitions and partnerships have positioned the company for long-term growth. However, high volatility and beta indicate increased risk, and investors should be cautious of potential earnings misses or regulatory issues.

Recent News Sentiment Impact: Positive news headlines surrounding recent acquisitions and partnerships have contributed to the stock's upward momentum. The positive sentiment has been a key driver in recent price movements.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Uptrend
  • Medium-term (1-3 months): Uptrend
  • Long-term (3-12 months): Uptrend

Support/Resistance Levels:

  • Resistance: $36.92 (Upper Bollinger Band)
  • Support: $32.53 (SMA 20)

Momentum Signals:

  • RSI interpretation: Neutral (55.46)
  • MACD signal: Bearish
  • Bollinger Bands position: Neutral

Volume Analysis:

  • Volume SMA 20: 1179593.26 (Increasing volume suggests increasing interest)
  • On-Balance Volume (OBV): -3886738.97 (Bearish sentiment)

News & Sentiment Analysis

Recent Headlines Summary:

  1. MDA Space Targets US Defense Market With $620M Acquisition (Investing.com, 2026-06-26) - Positive
  2. SpaceX's Trillion-Dollar IPO Is Turning the Space Sector Into the Trade of 2026 -- Here Are Five Names Already Moving on It (Benzinga, 2026-05-21) - Positive
  3. I'd Buy More of These 2 Space Stocks Before the Market Figures Out What It's Missing (The Motley Fool, 2026-05-13) - Positive
  4. NGen annonce 62,7 M$ en projets de fabrication de pointe de calibre mondial (GlobeNewswire Inc., 2026-04-20) - Positive
  5. Private Space Station Companies Offer Dueling Press Releases (The Motley Fool, 2026-03-22) - Neutral

Sentiment Assessment: Positive (4/5)

Catalyst Identification:

  • Recent acquisitions and partnerships have positioned MDA for long-term growth.
  • Upcoming earnings release could impact stock performance.

Market Narrative: Recent positive news headlines have contributed to the stock's upward momentum. The market narrative suggests that MDA is well-positioned for future growth, but investors should be cautious of potential risks.

Risk & Volatility Assessment

Risk Metrics:

  • Beta: 2.48 (High risk)
  • Alpha: -0.34
  • Correlation: 0.52
  • Stock Volatility: 0.68 (High volatility)

Options Market Signals: IV Rank: 35.5% (Medium) Current IV: 98.8% Expected Move: $4.20 (32 DTE), 7-DTE: $2.25 Volume Flow: 32 calls vs 105 puts

Downside Protection: Support levels include the SMA 20 ($32.53) and the Lower Bollinger Band ($28.13).

Market Context & Positioning

Sector Performance: MDA's sector is performing well, with a relative strength index of 75.

Institutional Activity: Increasing volume and institutional interest suggest growing interest in MDA.

Correlation Analysis: MDA has a high correlation (0.52) with the market, indicating that it moves similarly to the broader market.

Relative Valuation: MDA is trading within its historical range, suggesting it may be fairly valued.

Key Levels & Action Items

Critical Price Levels:

  • Resistance: $36.92 (Upper Bollinger Band)
  • Support: $32.53 (SMA 20)

Breakout/Breakdown Levels:

  • Breakout above the Upper Bollinger Band ($36.92) could trigger significant upward momentum
  • Breakdown below the SMA 20 ($32.53) could lead to a correction

Time-Sensitive Catalysts:

  • Upcoming earnings release could impact stock performance
  • Regulatory issues or delays in project execution could impact stock performance

Risk Management: Stop-loss levels should be set at $32.53 (SMA 20) to manage potential risks.

Note: This analysis is based on the provided data and should not be considered as personalized investment advice. It's essential to consider your individual risk tolerance, financial goals, and overall market conditions before making any investment decisions.

Generated
News
All MDA news →

MDA Options Activity & IV Rank

MDA IV rank history, 52-week IV rank and IV percentile →

Volatility Metrics

Current IV: 63.3%
7-DTE IV: —
Expected Move: $3.92
7-DTE Move: $3.92
Days to Exp: 24 (2026-11-20)

Options Flow

Call Volume: 18
Put Volume: 35
P/C Volume: 1.944
BEARISH
Call OI: 1,247
Put OI: 166
P/C OI: 0.133
Total OI: 1,413

ATM Options Pricing

ATM Call: $1.57
ATM Put: $2.35
Call %: 5.4%
Put %: 8.0%

Chain Summary

Chain Volume: 318
Chain OI: 4,772
Last Updated: 10/27/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 70th percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
70%
vs own history
GEX tilt
+0.32
OI-weighted, today
Vanna tilt
-0.58
δ-sensitivity to IV
Charm tilt
+0.75
δ-decay vs time
Vanna tilt -0.58: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt +0.75: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 7 ATM contracts, 2k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Oct 26 · No data
30 DTE / 10d 50%
+1.6 pts EXTREME
as of Oct 26 · ATM 66.1% / Wing 67.7%

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)33.4MediumOct 27
Straddle Price (30 DTE)$3.92Oct 27
Beta Analysis

Risk Metrics

Beta: 2.5527
Alpha: -49.73%
Correlation: 0.5373
R-Squared: 28.9%
Stock Volatility: 62.5%
Market Volatility: 13.2%

Analysis Details

Benchmark: SPY
Data Points: 158
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time
Notable investors who own MDA
3 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Point72 Hedge fund
Steve Cohen
$47.5M
0.07%
#339 of 1945+74.5%13F
Bridgewater Associates Hedge fund
Ray Dalio
$4.3M
0.02%
#508 of 997-62.4%13F
Citadel Hedge fund
Ken Griffin
$1.8M
0.00%
#3008 of 6285-94.8%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

MDA Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

183 filers77,751,303 shares$3.21B value
# Filer Shares Value % of Total % of Float Period
1 Connor, Clark & Lunn Investment Management Ltd. 7,726,685 $318.61M 9.93% — 2026-06-30
2 Senvest Management, LLC 4,377,113 $180.69M 5.63% — 2026-06-30
3 Vanguard Capital Management LLC 3,908,698 $161.50M 5.03% — 2026-06-30
4 Capital International Investors 3,375,452 $139.45M 4.34% — 2026-06-30
5 Van Eck Associates Corp 3,289,261 $135.77M 4.23% — 2026-06-30
6 FMR LLC Custodian 3,238,200 $133.80M 4.17% — 2026-06-30
7 MACKENZIE FINANCIAL CORP 2,274,240 $133.27M 4.15% — 2026-06-30
8 Federation des caisses Desjardins du Quebec Custodian 2,818,019 $116.21M 3.62% — 2026-06-30
9 Royal Bank of Canada Custodian 2,732,840 $112.81M 3.51% — 2026-06-30
10 GUARDIAN CAPITAL LP 1,906,121 $78.65M 2.45% — 2026-06-30
11 Capital World Investors 1,774,405 $73.32M 2.28% — 2026-06-30
12 Norges Bank 1,750,697 $72.26M 2.25% — 2026-06-30
13 Bank of Montreal Custodian 1,686,954 $69.63M 2.17% — 2026-06-30
14 GILDER GAGNON HOWE & CO LLC 1,679,194 $69.32M 2.16% — 2026-06-30
15 T. Rowe Price Associates, Inc. 1,647,705 $68.02M 2.12% — 2026-06-30
16 TD Asset Management Inc 1,567,803 $64.76M 2.02% — 2026-06-30
17 VOYA INVESTMENT MANAGEMENT LLC 1,417,682 $58.56M 1.82% — 2026-06-30
18 American Century Companies, Inc. 1,355,880 $56.02M 1.75% — 2026-06-30
19 Bank of America Corp Custodian 1,294,823 $53.45M 1.67% — 2026-06-30
20 Tidal Investments LLC 1,294,285 $53.43M 1.66% — 2026-06-30
21 Vanguard Fiduciary Trust Co 1,195,003 $49.38M 1.54% — 2026-06-30
22 Point72 Asset Management, L.P. 1,151,032 $47.49M 1.48% — 2026-06-30
23 Artisan Partners Limited Partnership 1,120,700 $46.31M 1.44% — 2026-06-30
24 Morgan Stanley Custodian 1,115,016 $46.03M 1.43% — 2026-06-30
25 Schonfeld Strategic Advisors LLC 985,062 $40.66M 1.27% — 2026-06-30
5 filers$22.07M notional
# Filer Notional Value % of Total Period
1 SIG North Trading, ULC $10.14M 45.93% 2026-06-30
2 Royal Bank of Canada Custodian $8.94M 40.49% 2026-06-30
3 National Bank of Canada Custodian $2.43M 11.00% 2026-06-30
4 Citadel Advisors LLC Custodian $313.73K 1.42% 2026-06-30
5 Jane Street Group, LLC Custodian $255.94K 1.16% 2026-06-30
5 filers$7.75M notional
# Filer Notional Value % of Total Period
1 SIG North Trading, ULC $4.44M 57.34% 2026-06-30
2 National Bank of Canada Custodian $1.58M 20.43% 2026-06-30
3 Royal Bank of Canada Custodian $1.25M 16.10% 2026-06-30
4 Susquehanna International Group, LLP Custodian $421.06K 5.44% 2026-06-30
5 Simplex Trading, LLC Custodian $53.66K 0.69% 2026-06-30
ETF Holders
33 ETFs hold MDA
25 shown · $310.56M total exposure · 0.01% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 NASA Tema Space Innovators ETF Nport 3.31% $86.2M — 2026-05-31
2 VXUS Vanguard Total International Stock ETF Vanguard 0.01% $65.4M — 2026-09-30
3 VEA Vanguard FTSE Developed Markets ETF Vanguard 0.01% $43.3M — 2026-09-30
4 PPA Invesco Aerospace & Defense ETF Invesco 0.38% $28.4M — 2026-10-26
5 UFO Procure Space ETF Nport 3.21% $18.9M — 2026-07-31
6 VSS Vanguard FTSE All-World EX-US Small-Cap Index Fund Vanguard 0.11% $16.3M — 2026-09-30
7 SCHC Schwab International Small-Cap Equity ETF Nport 0.20% $11.4M — 2026-05-31
8 VWO Vanguard FTSE Emerging Markets ETF Vanguard 0.00% $8.3M — 2026-09-30
9 IXUS iShares Core MSCI Total International Stock ETF iShares (BlackRock) 0.01% $5.7M $57.6B 2026-10-26
10 IDEV iShares Core MSCI International Developed Markets ETF iShares (BlackRock) 0.02% $5.5M $34.0B 2026-10-26
11 VT Vanguard Total World Stock ETF Vanguard 0.00% $3.9M — 2026-09-30
12 SPDW State Street® SPDR® Portfolio Developed World ex-US ETF SPDR (State Street) 0.01% $3.6M $40.7B 2026-10-26
13 TMSL T. Rowe Price Small-Mid Cap ETF Nport 0.13% $3.4M — 2026-06-30
14 BOTT Themes Humanoid Robotics ETF Nport 4.81% $3.0M — 2026-06-30
15 WARP VanEck Space ETF Nport 4.99% $2.9M — 2026-06-30
16 ISCF iShares International Small-Cap Equity Factor ETF iShares (BlackRock) 0.14% $1.0M $719.1M 2026-10-26
17 SPEM State Street® SPDR® Portfolio Emerging Markets ETF SPDR (State Street) 0.00% $751,957 $16.4B 2026-10-26
18 NDOW Anydrus Advantage ETF Nport 0.81% $564,298 — 2026-06-30
19 KNO AXS Knowledge Leaders ETF Nport 1.03% $467,561 — 2026-06-30
20 TRFM AAM Transformers ETF Nport 0.16% $404,503 — 2026-07-31
21 EWX State Street® SPDR® S&P® Emerging Markets Small Cap ETF SPDR (State Street) 0.04% $281,759 $626.5M 2026-10-26
22 WSML iShares MSCI World Small-Cap ETF iShares (BlackRock) 0.04% $270,782 $662.6M 2026-10-26
23 SYZ Lazard US Systematic Small Cap Equity ETF Nport 0.31% $209,744 — 2026-06-30
24 DFIS Dimensional International Small Cap ETF Dimensional 0.00% $163,722 $5.8B 2026-10-26
25 PDN Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Nport 0.04% $148,480 — 2026-07-31
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
—
TTM Revenue
—
TTM Net Income
—
TTM Op. Cash Flow
—
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
4.93M
SI % of Float
3.04%
Days to Cover
3.51
Short Vol Ratio
63.3%
Free Float
162.13M
Float %
100.0%
Short interest 2026-09-30 • Short volume 2026-10-27 • Float 2026-10-02