Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Short Interest Down 48.4% in March

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 79,100 shares, a decline of 48.4% from the February 28th total of 153,200 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,258,100 shares, the short-interest ratio is currently 0.1 days.

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

Shares of OTCMKTS MGDDY traded up $0.19 during midday trading on Friday, reaching $17.84. The company had a trading volume of 118,105 shares, compared to its average volume of 1,035,918. The firm’s fifty day moving average price is $17.71 and its 200-day moving average price is $17.57. The company has a current ratio of 1.82, a quick ratio of 1.11 and a debt-to-equity ratio of 0.04. Compagnie Générale des Établissements Michelin Société en commandite par actions has a one year low of $15.70 and a one year high of $20.86.

Compagnie Générale des Établissements Michelin Société en commandite par actions Company Profile

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.