Mercedes-Benz Group AG (OTCMKTS:MBGYY) Short Interest Down 46.1% in December

Mercedes-Benz Group AG (OTCMKTS:MBGYY) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 35,539 shares, a decrease of 46.1% from the November 30th total of 65,911 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 305,262 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 305,262 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Mercedes-Benz Group Price Performance

Shares of MBGYY opened at C$17.43 on Friday. Mercedes-Benz Group has a 52 week low of C$12.55 and a 52 week high of C$18.12. The company has a current ratio of 1.27, a quick ratio of 0.93 and a debt-to-equity ratio of 0.69. The firm has a market cap of C$67.13 billion, a price-to-earnings ratio of 5.53 and a beta of 0.83. The stock has a 50 day moving average of C$16.85 and a 200-day moving average of C$15.73.

Mercedes-Benz Group (OTCMKTS:MBGYY) last announced its quarterly earnings data on Wednesday, October 29th. The company reported C$0.36 earnings per share (EPS) for the quarter. Mercedes-Benz Group had a return on equity of 6.59% and a net margin of 4.51%.The firm had revenue of C$37.58 billion for the quarter. As a group, analysts forecast that Mercedes-Benz Group will post 2.26 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms recently commented on MBGYY. DZ Bank upgraded Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. The Goldman Sachs Group upgraded Mercedes-Benz Group to a “strong-buy” rating in a research note on Monday, November 24th. Finally, Royal Bank Of Canada lowered shares of Mercedes-Benz Group from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. Two equities research analysts have rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Mercedes-Benz Group currently has a consensus rating of “Moderate Buy”.

About Mercedes-Benz Group

Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.