Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Short Interest Update

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY - Get Free Report) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totalling 50,000 shares, a decline of 50.4% from the April 15th total of 100,800 shares. Based on an average daily trading volume, of 294,000 shares, the days-to-cover ratio is currently 0.2 days.

Compagnie Générale des Établissements Michelin Société en commandite par actions Trading Down 0.8 %

MGDDY stock traded down $0.17 during mid-day trading on Friday, hitting $19.89. 193,888 shares of the stock were exchanged, compared to its average volume of 129,317. The business has a fifty day moving average price of $19.04 and a 200 day moving average price of $17.57. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 12 month low of $14.03 and a 12 month high of $20.15.

Compagnie Générale des Établissements Michelin Société en commandite par actions Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, June 10th. Stockholders of record on Tuesday, May 21st will be paid a $0.727 dividend. The ex-dividend date is Monday, May 20th.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

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.