Short Interest in adidas AG (OTCMKTS:ADDDF) Increases By 17.7%

adidas AG (OTCMKTS:ADDDF) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 411,000 shares, a growth of 17.7% from the December 15th total of 349,200 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 822.0 days.

adidas Stock Down 1.0 %

ADDDF stock opened at $247.25 on Friday. adidas has a fifty-two week low of $175.25 and a fifty-two week high of $270.25. The company has a 50-day simple moving average of $242.04 and a 200 day simple moving average of $243.92.

About adidas

adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America. It offers footwear, apparel, and accessories and gear, such as bags and balls under the adidas brand; golf footwear and apparel under the adidas Golf brand; and outdoor footwear under the Five Ten brand.