Compagnie Générale des Établissements Michelin Société en commandite par actions (MGDDY) Short Interest Ratio & Short Volume

Short interest is the volume of Compagnie Générale des Établissements Michelin Société en commandite par actions shares that have been sold short but have not yet been closed out or covered. As of April 30th, investors have sold 50,000 shares of MGDDY short. Learn More on Compagnie Générale des Établissements Michelin Société en commandite par actions' current short interest.

Compagnie Générale des Établissements Michelin Société en commandite par actions saw a decline in short interest in April. As of April 30th, there was short interest totaling 50,000 shares, a decline of 50.4% from the previous total of 100,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "auto/tires/trucks" compare to Compagnie Générale des Établissements Michelin Société en commandite par actions: Suzuki Motor Co. (0.00%), Auto Trader Group plc (0.00%), DENSO Co. (0.00%), Bayerische Motoren Werke Aktiengesellschaft (0.00%), Bayerische Motoren Werke Aktiengesellschaft (1.03%), BYD Company Limited (0.01%), Li Auto Inc. (2.84%), Bridgestone Co. (0.00%), Mobileye Global Inc. (23.14%), Genuine Parts (1.72%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling MGDDY is an investing strategy that aims to generate trading profit from Compagnie Générale des Établissements Michelin Société en commandite par actions as its price is falling. MGDDY shares are trading up $0.16 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Compagnie Générale des Établissements Michelin Société en commandite par actions occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of MGDDY, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including MGDDY, twice per month. The most recent reporting period available is April, 30 2024.