Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF) Short Interest Down 59.0% in February

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 1,046,023 shares, a decline of 59.0% from the February 12th total of 2,549,940 shares. Based on an average trading volume of 1,291 shares, the days-to-cover ratio is presently 810.2 days. Based on an average trading volume of 1,291 shares, the days-to-cover ratio is presently 810.2 days.

Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Performance

Shares of OTCMKTS MGDDF remained flat at $34.03 during trading on Friday. The company’s stock had a trading volume of 664 shares, compared to its average volume of 871. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 52 week low of $29.60 and a 52 week high of $42.53. The firm has a 50 day moving average of $38.42 and a 200-day moving average of $35.89.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

Compagnie Générale des Établissements Michelin Société en commandite par actions, commonly known as Michelin, is a global leader in the design, manufacture and marketing of tires for a broad range of vehicles. Founded in 1889 by brothers André and Édouard Michelin and headquartered in Clermont-Ferrand, France, the company has built a reputation for quality, performance and innovation. Michelin’s product portfolio spans passenger cars, two-wheelers, trucks and buses, as well as specialty segments such as aviation, agricultural and earthmoving equipment.