Mercedes-Benz Group AG (OTCMKTS:MBGAF) Short Interest Update

Mercedes-Benz Group AG (OTCMKTS:MBGAF) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 1,825,800 shares, a decline of 20.8% from the February 28th total of 2,304,000 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 76,200 shares, the short-interest ratio is presently 24.0 days.

Mercedes-Benz Group Price Performance

Mercedes-Benz Group stock opened at $60.29 on Monday. The stock has a market capitalization of $64.50 billion, a PE ratio of 4.55 and a beta of 1.26. The business has a 50 day simple moving average of $62.33 and a 200-day simple moving average of $60.03. Mercedes-Benz Group has a 12 month low of $53.76 and a 12 month high of $83.50.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.