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

Key Points

• Short interest in Mercedes-Benz Group AG has increased by 102.3%, rising from 120,300 shares to 243,400 shares as of August 31st.
• The company's stock has a PE ratio of 4.60 and a market capitalization of C$58.24 billion, with shares trading at C$15.12 recently.
• Mercedes-Benz reported a net margin of 4.85% and revenue of C$37.62 billion in its last earnings report for the quarter ending July 30th.

Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 243,400 shares, a growth of 102.3% from the August 15th total of 120,300 shares. Based on an average daily trading volume, of 428,100 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 428,100 shares, the days-to-cover ratio is currently 0.6 days.

Mercedes-Benz Group Trading Down 2.1%

Shares of OTCMKTS MBGYY traded down C$0.32 during mid-day trading on Friday, hitting C$14.83. The company had a trading volume of 430,915 shares, compared to its average volume of 204,947. The company has a market capitalization of C$57.12 billion, a price-to-earnings ratio of 4.51 and a beta of 0.98. Mercedes-Benz Group has a 1 year low of C$12.55 and a 1 year high of C$16.87. The stock's 50-day moving average price is C$15.24 and its 200-day moving average price is C$14.97.

Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported C$0.27 earnings per share (EPS) for the quarter. The company had revenue of C$37.62 billion during the quarter. Mercedes-Benz Group had a return on equity of 7.35% and a net margin of 4.85%. As a group, equities research analysts forecast 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.