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Mercedes-Benz Group AG (OTCMKTS:DMLRY) Sees Significant Growth in Short Interest

Financial News Live ·  Sep 17, 2022 18:52

Mercedes-Benz Group AG (OTCMKTS:DMLRY – Get Rating) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 167,900 shares, an increase of 21.2% from the August 15th total of 138,500 shares. Based on an average trading volume of 507,100 shares, the short-interest ratio is currently 0.3 days.

Mercedes-Benz Group Price Performance

Shares of OTCMKTS:DMLRY remained flat at $14.32 during trading hours on Friday. The company's stock had a trading volume of 107,879 shares, compared to its average volume of 198,677. The firm has a 50-day simple moving average of $14.31 and a two-hundred day simple moving average of $15.89. Mercedes-Benz Group has a fifty-two week low of $12.47 and a fifty-two week high of $26.98.

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Mercedes-Benz Group Company Profile

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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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