Mercedes-Benz Group AG (OTCMKTS:DMLRY) Short Interest Down 57.1% in May

Mercedes-Benz Group AG (OTCMKTS:DMLRYGet Rating) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 31,000 shares, a decline of 57.1% from the April 30th total of 72,300 shares. Based on an average trading volume of 339,500 shares, the days-to-cover ratio is currently 0.1 days.

Shares of Mercedes-Benz Group stock opened at $17.49 on Friday. The business has a fifty day simple moving average of $17.07 and a 200-day simple moving average of $19.99. Mercedes-Benz Group has a fifty-two week low of $15.10 and a fifty-two week high of $26.98.

About Mercedes-Benz Group (Get Rating)

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories.

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