Michelin (OTCMKTS:MGDDY) Sees Significant Growth in Short Interest

Posted by Mark Dietrich on Mar 2nd, 2026

Michelin (OTCMKTS:MGDDY – Get Free Report) was the target of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 230,813 shares, a growth of 41.8% from the January 29th total of 162,778 shares. Based on an average trading volume of 258,462 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 258,462 shares, the days-to-cover ratio is presently 0.9 days.

Michelin Trading Up 0.7%

MGDDY stock opened at $20.26 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.80 and a quick ratio of 1.12. Michelin has a one year low of $14.82 and a one year high of $20.48. The company’s fifty day moving average price is $18.34 and its 200-day moving average price is $17.53.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on MGDDY shares. Morgan Stanley reaffirmed an “equal weight” rating on shares of Michelin in a report on Tuesday, December 2nd. Berenberg Bank assumed coverage on Michelin in a research report on Tuesday, January 13th. They set a “hold” rating on the stock. Citigroup restated a “buy” rating on shares of Michelin in a research note on Thursday, January 29th. Zacks Research upgraded shares of Michelin from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. Finally, UBS Group cut shares of Michelin from a “buy” rating to a “neutral” rating in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on MGDDY

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.