Short Interest in Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Grows By 198.1%

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY - Get Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 174,400 shares, a growth of 198.1% from the May 15th total of 58,500 shares. Based on an average daily volume of 405,400 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company's stock are short sold.

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

MGDDY stock traded up $0.02 during mid-day trading on Monday, reaching $18.56. The company had a trading volume of 957,216 shares, compared to its average volume of 657,543. 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 firm has a fifty day simple moving average of $18.33 and a 200 day simple moving average of $17.59. Compagnie Générale des Établissements Michelin Société en commandite par actions has a fifty-two week low of $15.70 and a fifty-two week high of $20.86.

Wall Street Analyst Weigh In

Separately, Hsbc Global Res raised Compagnie Générale des Établissements Michelin Société en commandite par actions from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 28th.

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.