Michelin (OTCMKTS:MGDDY) Short Interest Update

Posted by Grant Hamersma on Mar 28th, 2026

Michelin (OTCMKTS:MGDDY – Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 104,678 shares, a drop of 54.7% from the February 26th total of 231,171 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 330,276 shares, the short-interest ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Report on Michelin

Michelin Stock Down 1.8%

Michelin stock traded down $0.30 during trading on Friday, reaching $16.59. The stock had a trading volume of 175,501 shares, compared to its average volume of 186,559. Michelin has a 52-week low of $14.82 and a 52-week high of $20.48. The business has a 50 day moving average price of $18.53 and a 200 day moving average price of $17.40. The company has a quick ratio of 1.22, a current ratio of 1.90 and a debt-to-equity ratio of 0.04.

About Michelin

(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.