Mercedes-Benz Group AG (OTCMKTS:MBGYY) Short Interest Update

Mercedes-Benz Group AG (OTCMKTS:MBGYY) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 85,600 shares, a drop of 22.2% from the October 31st total of 110,000 shares. Based on an average daily volume of 1,273,300 shares, the days-to-cover ratio is presently 0.1 days.

Mercedes-Benz Group Price Performance

Shares of OTCMKTS MBGYY opened at C$13.73 on Friday. Mercedes-Benz Group has a 12 month low of C$13.38 and a 12 month high of C$20.81. The business’s 50 day moving average is C$14.97 and its two-hundred day moving average is C$16.31. The company has a quick ratio of 0.98, a current ratio of 1.36 and a debt-to-equity ratio of 0.80.

Mercedes-Benz Group (OTCMKTS:MBGYY) last announced its earnings results on Friday, October 25th. The company reported C$0.50 earnings per share (EPS) for the quarter. The business had revenue of C$37.95 billion for the quarter. Mercedes-Benz Group had a net margin of 7.36% and a return on equity of 11.66%. On average, analysts predict that Mercedes-Benz Group will post 2.55 earnings per share for the current year.

Mercedes-Benz Group Company Profile

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.