Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 1,825,800 shares, a decrease of 20.8% from the February 28th total of 2,304,000 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 76,200 shares, the days-to-cover ratio is currently 24.0 days.
Mercedes-Benz Group Price Performance
OTCMKTS:MBGAF traded down $0.46 during trading hours on Thursday, hitting $58.53. The stock had a trading volume of 37,781 shares, compared to its average volume of 40,817. The company has a 50 day simple moving average of $62.38 and a two-hundred day simple moving average of $59.98. The firm has a market capitalization of $62.62 billion, a price-to-earnings ratio of 4.42 and a beta of 1.26. Mercedes-Benz Group has a one year low of $53.76 and a one year high of $83.50.
About Mercedes-Benz Group
(
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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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