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:MGDDYGet Free Report) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 79,100 shares, a drop of 48.4% from the February 28th total of 153,200 shares. Currently, 0.0% of the company’s stock are sold short. 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 Price Performance

MGDDY stock traded up $0.19 during midday trading on Friday, reaching $17.84. 118,105 shares of the company’s stock traded hands, compared to its average volume of 1,035,918. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.11 and a current ratio of 1.82. The firm’s fifty day moving average price is $17.71 and its 200-day moving average price is $17.57. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 52 week low of $15.70 and a 52 week high of $20.86.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

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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.

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