Mercedes-Benz Group AG (OTCMKTS:MBGYY) Sees Significant Drop in Short Interest

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

Mercedes-Benz Group Trading Up 1.3 %

Shares of MBGYY traded up C$0.18 on Friday, reaching C$13.91. The stock had a trading volume of 191,660 shares, compared to its average volume of 336,422. Mercedes-Benz Group has a twelve month low of C$13.38 and a twelve month high of C$20.81. The firm has a 50-day moving average of C$14.94 and a 200 day moving average of C$16.27. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.98 and a current ratio of 1.36.

Mercedes-Benz Group (OTCMKTS:MBGYY) last released its quarterly earnings data on Friday, October 25th. The company reported C$0.50 EPS for the quarter. Mercedes-Benz Group had a net margin of 7.36% and a return on equity of 11.66%. The business had revenue of C$37.95 billion for the quarter. As a group, sell-side analysts predict that Mercedes-Benz Group will post 2.55 EPS for the current fiscal 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.