Short Interest in Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Declines By 28.3%

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 35,700 shares, a decline of 28.3% from the October 15th total of 49,800 shares. Based on an average daily trading volume, of 586,000 shares, the short-interest ratio is presently 0.1 days.

Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Up 3.6 %

MGDDY stock opened at $15.86 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.70 and a debt-to-equity ratio of 0.04. Compagnie Générale des Établissements Michelin Société en commandite par actions has a one year low of $13.05 and a one year high of $16.59. The firm has a 50-day moving average of $15.30 and a two-hundred day moving average of $15.25.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses.