I think a short in MIDD has poor risk reward at the moment. Perscience Point report uses a 7.4 times EV/EBITDA multiple on depressed 2021 earnings which are largely cyclical and COVID related rather than company specific. The company’s EV/EBITDA multiple over the last couple of years has actually ranged between 13-15 times. It may trade at higher multiples than that on depressed earnings as investors model future recovery once lockdown opens. The short may become interesting again around $80-$85 but till then i would wait.