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

Key Points

• Mercedes-Benz Group AG experienced a significant increase in short interest, rising by 177.3% in July from 99,200 shares to 275,100 shares.
• The company reported earnings of C$0.27 EPS for the last quarter, with a revenue of C$37.62 billion and a net margin of 4.85%.
• As of now, the company's stock price is around C$14.15, with a 52-week range between C$12.55 and C$17.54.

Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 275,100 shares, anincreaseof177.3% from the June 30th total of 99,200 shares. Based on an average trading volume of 517,600 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 517,600 shares, the short-interest ratio is currently 0.5 days.

Mercedes-Benz Group Price Performance

Shares of MBGYY opened at C$14.15 on Monday. The firm has a 50-day moving average of C$14.76 and a 200-day moving average of C$14.94. Mercedes-Benz Group has a one year low of C$12.55 and a one year high of C$17.54. The company has a market cap of C$54.50 billion, a PE ratio of 4.30 and a beta of 1.01.

Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The company reported C$0.27 EPS for the quarter. Mercedes-Benz Group had a net margin of 4.85% and a return on equity of 7.35%. The company had revenue of C$37.62 billion during the quarter. Analysts expect that Mercedes-Benz Group will post 2.26 earnings per share for the current year.

About Mercedes-Benz Group

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.

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