Michelin (OTCMKTS:MGDDY) Short Interest Up 41.8% in February

Posted by Trevor Kearing on Mar 1st, 2026

Michelin (OTCMKTS:MGDDY – Get Free Report) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 230,813 shares, an increase of 41.8% from the January 29th total of 162,778 shares. Based on an average daily volume of 258,462 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 258,462 shares, the short-interest ratio is presently 0.9 days.

Michelin Stock Performance

MGDDY opened at $20.26 on Friday. The company’s 50-day simple moving average is $18.34 and its two-hundred day simple moving average is $17.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.12 and a current ratio of 1.80. Michelin has a 52-week low of $14.82 and a 52-week high of $20.48.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MGDDY. Zacks Research raised Michelin from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. Berenberg Bank began coverage on shares of Michelin in a research note on Tuesday, January 13th. They set a “hold” rating on the stock. Citigroup reaffirmed a “buy” rating on shares of Michelin in a research note on Thursday, January 29th. UBS Group cut Michelin from a “buy” rating to a “neutral” rating in a research report on Tuesday, December 2nd. Finally, Morgan Stanley restated an “equal weight” rating on shares of Michelin in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on Michelin

About Michelin

(Get Free Report)

Michelin (OTCMKTS: MGDDY) is a French multinational tire manufacturer founded in 1889 and headquartered in Clermont-Ferrand, France. Over more than a century the company has grown into one of the world’s leading tiremakers, serving passenger car, truck, motorcycle, bicycle, agricultural, construction and aviation markets. Michelin has a global footprint with manufacturing facilities, research centers and commercial operations across multiple regions to supply OEMs, replacement markets and large commercial fleets.

The company’s core business is the design, manufacture and sale of tires and related products.