Short Interest in Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Increases By 61.6%

Market Beat
2024.08.29 03:22
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Short interest in Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) increased by 61.6% in August, reaching 178,100 shares. This marked an uptick from 110,200 shares on July 31. The short-interest ratio stands at 0.6 days based on an average daily volume of 321,800 shares. Additionally, Jefferies Financial Group upgraded the stock to a "hold" rating from "underperform". However, MGDDY shares traded down 1.6% recently, having a trading volume of 61,591 shares.