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Mercedes-Benz Group AG (OTCMKTS:DMLRY) Short Interest Up 26.7% in August

Financial News Live ·  Aug 30, 2022 15:41

Mercedes-Benz Group AG (OTCMKTS:DMLRY – Get Rating) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 138,500 shares, a growth of 26.7% from the July 31st total of 109,300 shares. Based on an average daily trading volume, of 410,700 shares, the short-interest ratio is presently 0.3 days.

Mercedes-Benz Group Trading Up 3.6 %

OTCMKTS DMLRY traded up $0.49 during trading hours on Tuesday, hitting $14.05. The company's stock had a trading volume of 329,218 shares, compared to its average volume of 194,224. The stock has a fifty day moving average of $14.51 and a 200 day moving average of $16.46. Mercedes-Benz Group has a twelve month low of $12.47 and a twelve month high of $26.98.

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About Mercedes-Benz Group

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Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories.

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