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

Mercedes-Benz Group AG (OTCMKTS:MBGYY) was the target of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 59,771 shares, an increase of 343.0% from the January 29th total of 13,491 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 366,003 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 366,003 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Mercedes-Benz Group Price Performance

Shares of MBGYY opened at C$17.38 on Thursday. The business’s fifty day moving average is C$17.33 and its 200 day moving average is C$16.50. Mercedes-Benz Group has a 12-month low of C$12.55 and a 12-month high of C$18.16. The company has a quick ratio of 0.93, a current ratio of 1.27 and a debt-to-equity ratio of 0.69. The stock has a market cap of C$66.94 billion, a P/E ratio of 6.03 and a beta of 0.83.

Mercedes-Benz Group (OTCMKTS:MBGYY) last issued its quarterly earnings data on Thursday, February 12th. The company reported C$0.42 EPS for the quarter. The firm had revenue of C$39.22 billion during the quarter. Mercedes-Benz Group had a return on equity of 5.54% and a net margin of 3.87%. Sell-side analysts anticipate that Mercedes-Benz Group will post 2.26 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. DZ Bank upgraded shares of Mercedes-Benz Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. HSBC upgraded Mercedes-Benz Group to a “strong-buy” rating in a report on Tuesday, January 13th. Finally, The Goldman Sachs Group raised Mercedes-Benz Group to a “strong-buy” rating in a research note on Monday, November 24th. Three analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy”.

About Mercedes-Benz Group

Mercedes-Benz Group AG is a global automotive manufacturer best known for producing premium passenger cars and vans under the Mercedes‑Benz brand. The company’s product portfolio spans compact and executive cars, luxury models marketed under Mercedes‑Maybach, high‑performance variants from Mercedes‑AMG, and a growing range of electric vehicles sold under the EQ subbrand. In addition to vehicle manufacturing, Mercedes‑Benz Group provides aftersales services, connected‑car technologies and mobility solutions through its finance and mobility arm, which offers leasing, financing, fleet management and related customer services.

The company traces its industrial roots to the pioneering work of Karl Benz and Gottlieb Daimler in the late 19th century and to the creation of Daimler‑Benz in the early 20th century.