Mercedes-Benz Group AG (OTCMKTS:MBGYY) Short Interest Up 19.5% in September

Mercedes-Benz Group AG (OTCMKTS:MBGYY) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 275,100 shares, an increase of 19.5% from the August 31st total of 230,300 shares. Based on an average daily volume of 1,077,800 shares, the short-interest ratio is presently 0.3 days.

Mercedes-Benz Group Stock Down 1.8 %

Shares of MBGYY stock traded down C$0.30 during mid-day trading on Monday, hitting C$16.11. The company’s stock had a trading volume of 469,465 shares, compared to its average volume of 288,697. Mercedes-Benz Group has a 52-week low of C$14.53 and a 52-week high of C$20.81. The business has a 50-day moving average price of C$16.33 and a 200 day moving average price of C$17.79.

Mercedes-Benz Group Company Profile

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.