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

Mercedes-Benz Group AG (OTCMKTS:MBGAF) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 3,648,400 shares, an increase of 99.8% from the March 15th total of 1,825,800 shares. Based on an average daily trading volume, of 60,500 shares, the short-interest ratio is currently 60.3 days. Currently, 0.3% of the shares of the stock are sold short.

Mercedes-Benz Group Price Performance

Shares of MBGAF traded up $0.56 on Friday, hitting $57.26. The company’s stock had a trading volume of 17,155 shares, compared to its average volume of 42,741. The company has a 50 day moving average price of $61.13 and a 200 day moving average price of $59.27. Mercedes-Benz Group has a fifty-two week low of $51.00 and a fifty-two week high of $80.46. The company has a market capitalization of $61.26 billion, a PE ratio of 4.32 and a beta of 1.26.

About Mercedes-Benz Group

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.