Short Interest in Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Grows By 128.7%

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 153,200 shares, an increase of 128.7% from the February 13th total of 67,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,691,300 shares, the short-interest ratio is presently 0.1 days.

Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Performance

MGDDY stock traded up $0.27 during midday trading on Friday, reaching $18.53. The company had a trading volume of 93,631 shares, compared to its average volume of 1,221,626. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.82 and a quick ratio of 1.11. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 1 year low of $15.70 and a 1 year high of $20.86. The firm has a 50-day moving average price of $17.34 and a 200-day moving average price of $17.68.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses.