Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Short Interest Up 128.7% in February

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDYGet Free Report) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 153,200 shares, an increase of 128.7% from the February 13th total of 67,000 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,691,300 shares, the days-to-cover ratio is presently 0.1 days.

Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Up 1.5 %

Shares of Compagnie Générale des Établissements Michelin Société en commandite par actions stock opened at $18.53 on Friday. The company’s fifty day simple moving average is $17.34 and its two-hundred day simple moving average is $17.66. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.82 and a quick ratio of 1.11. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 12-month low of $15.70 and a 12-month high of $20.86.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

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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.

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