Michelin (OTCMKTS:MGDDY) Short Interest Update

Posted by Geri Gentry on Jun 16th, 2026

Michelin (OTCMKTS:MGDDY – Get Free Report) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 96,684 shares, a decline of 43.6% from the May 14th total of 171,425 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 262,555 shares, the short-interest ratio is presently 0.4 days.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Zacks Research downgraded shares of Michelin from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Barclays raised shares of Michelin from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Michelin presently has an average rating of “Hold”.

Read Our Latest Analysis on MGDDY

Michelin Stock Performance

Shares of MGDDY stock traded up $0.16 during trading hours on Tuesday, hitting $19.55. The company’s stock had a trading volume of 18,686 shares, compared to its average volume of 148,252. The company has a 50 day moving average of $18.31 and a 200 day moving average of $17.91. The company has a quick ratio of 1.22, a current ratio of 1.90 and a debt-to-equity ratio of 0.04. Michelin has a 12-month low of $14.82 and a 12-month high of $20.48.

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.