Michelin (OTCMKTS:MGDDY) Stock Short Interest Rises 398.6%

Posted by Brian Himes on Oct 10th, 2026

Michelin (OTCMKTS:MGDDY – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 258,821 shares, a growth of 398.6% from the September 15th total of 51,911 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 414,846 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

MGDDY has been the topic of a number of research reports. Zacks Research upgraded Michelin from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Michelin in a research report on Tuesday, July 28th. Finally, Citigroup restated a “buy” rating on shares of Michelin in a research report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Read Our Latest Report on MGDDY

Michelin Trading Up 0.5%

Shares of OTCMKTS MGDDY traded up $0.10 on Friday, hitting $18.72. The company’s stock had a trading volume of 180,049 shares, compared to its average volume of 226,889. The stock has a 50 day moving average of $19.57 and a 200-day moving average of $18.95. Michelin has a 12-month low of $14.82 and a 12-month high of $20.57. The company has a quick ratio of 1.02, a current ratio of 1.65 and a debt-to-equity ratio of 0.04.

About Michelin

(Get Free Report)

Michelin is a France-based manufacturer best known for designing, producing and distributing tires. The company serves passenger vehicles, motorcycles, trucks, buses, aircraft, agricultural equipment, mining vehicles and other industrial applications. It also develops related products and services, including connected tire technologies, fleet solutions and mobility services.

Founded in 1889 by brothers Édouard and André Michelin, the company is headquartered in Clermont-Ferrand, France.