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

Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 3,633,800 shares, an increase of 187.4% from the December 31st total of 1,264,200 shares. Based on an average daily volume of 118,700 shares, the short-interest ratio is currently 30.6 days.

Mercedes-Benz Group Stock Down 0.4 %

Shares of Mercedes-Benz Group stock traded down $0.22 during trading on Wednesday, reaching $61.05. The company's stock had a trading volume of 25,776 shares, compared to its average volume of 43,354. Mercedes-Benz Group has a 1-year low of $53.76 and a 1-year high of $83.50. The company has a market cap of $65.31 billion, a price-to-earnings ratio of 4.61 and a beta of 1.26. The company has a 50-day simple moving average of $56.47 and a two-hundred day simple moving average of $61.19.

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.

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