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

Posted by Casey Walker on Mar 30th, 2025

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY – Get Free Report) was the recipient of a significant decline in short interest during 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 shares of the stock are short sold. Based on an average daily volume of 1,258,100 shares, the short-interest ratio is presently 0.1 days.

Compagnie Générale des Établissements Michelin Société en commandite par actions Trading Up 1.1 %

Shares of MGDDY traded up $0.19 during midday trading on Friday, reaching $17.84. The stock had a trading volume of 118,105 shares, compared to its average volume of 1,035,918. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.82 and a quick ratio of 1.11. The company’s 50-day moving average is $17.71 and its 200 day moving average is $17.57. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 12-month low of $15.70 and a 12-month high of $20.86.

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

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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.