Michelin (OTCMKTS:MGDDY) Stock Short Interest Rises 398.6%

Posted by James Quigley on Oct 10th, 2026

Michelin (OTCMKTS:MGDDY – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 258,821 shares, an increase of 398.6% from the September 15th total of 51,911 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 414,846 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on MGDDY. Citigroup reaffirmed a “buy” rating on shares of Michelin in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Michelin in a research report on Tuesday, July 28th. Finally, Zacks Research raised Michelin from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Michelin currently has an average rating of “Hold”.

View Our Latest Research Report on Michelin

Michelin Price Performance

Michelin stock traded up $0.10 during midday trading on Friday, reaching $18.72. The company’s stock had a trading volume of 180,049 shares, compared to its average volume of 226,889. Michelin has a fifty-two week low of $14.82 and a fifty-two week high of $20.57. The stock’s 50 day simple moving average is $19.57 and its 200 day simple moving average is $18.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.65 and a quick ratio of 1.02.

About Michelin

(Get Free Report)

Michelin is a France-based manufacturer best known for designing, producing and distributing tires. The company serves passenger vehicles, motorcycles, trucks, buses, aircraft, agricultural equipment, mining vehicles and other industrial applications. It also develops related products and services, including connected tire technologies, fleet solutions and mobility services.

Founded in 1889 by brothers Édouard and André Michelin, the company is headquartered in Clermont-Ferrand, France.