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

Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 3,648,400 shares, a growth of 99.8% from the March 15th total of 1,825,800 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 60,500 shares, the days-to-cover ratio is presently 60.3 days.

Mercedes-Benz Group Price Performance

Mercedes-Benz Group stock traded up $0.86 during mid-day trading on Wednesday, hitting $59.83. 40,975 shares of the company's stock traded hands, compared to its average volume of 42,392. The firm has a 50 day simple moving average of $60.93 and a two-hundred day simple moving average of $59.13. Mercedes-Benz Group has a fifty-two week low of $51.00 and a fifty-two week high of $80.46. The stock has a market cap of $64.01 billion, a price-to-earnings ratio of 4.52 and a beta of 1.26.

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.