Short Interest in Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF) Decreases By 21.3%

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 347,000 shares, a decline of 21.3% from the November 30th total of 441,000 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is currently 105.2 days.

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

MGDDF traded down $0.31 during mid-day trading on Tuesday, reaching $33.74. 4,491 shares of the company traded hands, compared to its average volume of 1,375. The company’s fifty day moving average price is $33.13 and its 200-day moving average price is $36.84. Compagnie Générale des Établissements Michelin Société en commandite par actions has a 52-week low of $31.20 and a 52-week high of $43.18.

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.