Michelin (OTCMKTS:MGDDY) Short Interest Update

Posted by Donna Armstrong on Jul 29th, 2026

Michelin (OTCMKTS:MGDDY – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 78,065 shares, a decrease of 43.8% from the June 30th total of 138,855 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 193,085 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MGDDY. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Michelin in a report on Tuesday. Barclays raised shares of Michelin from an “underweight” rating to an “equal weight” rating in a report on Tuesday, April 14th. Finally, Zacks Research upgraded shares of Michelin from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Two investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold”.

View Our Latest Analysis on Michelin

Michelin Stock Up 1.0%

MGDDY traded up $0.20 during trading hours on Wednesday, hitting $19.77. The stock had a trading volume of 72,657 shares, compared to its average volume of 139,117. The company’s fifty day simple moving average is $19.06 and its 200 day simple moving average is $18.57. The company has a current ratio of 1.90, a quick ratio of 1.22 and a debt-to-equity ratio of 0.04. Michelin has a 1 year low of $14.82 and a 1 year high of $20.48.

Michelin Company Profile

(Get Free Report)

Michelin (OTCMKTS: MGDDY) is a French multinational tire manufacturer founded in 1889 and headquartered in Clermont-Ferrand, France. Over more than a century the company has grown into one of the world’s leading tiremakers, serving passenger car, truck, motorcycle, bicycle, agricultural, construction and aviation markets. Michelin has a global footprint with manufacturing facilities, research centers and commercial operations across multiple regions to supply OEMs, replacement markets and large commercial fleets.

The company’s core business is the design, manufacture and sale of tires and related products.