adidas AG (OTCMKTS:ADDDF – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 590,976 shares, an increase of 68.9% from the August 31st total of 349,976 shares. Based on an average trading volume of 221 shares, the days-to-cover ratio is presently 2,674.1 days.
adidas Stock Performance
Shares of OTCMKTS:ADDDF opened at $161.00 on Friday. adidas has a 1 year low of $145.65 and a 1 year high of $225.00. The stock’s 50-day moving average is $176.20 and its 200 day moving average is $178.88.
adidas Company Profile
adidas AG is a Germany-based global sporting goods company headquartered in Herzogenaurach, Bavaria. The company designs, develops and markets athletic footwear, apparel and sporting accessories under the adidas brand, serving consumers, athletes, teams and sports organizations worldwide.
Its product portfolio covers sports and lifestyle categories including running, football, basketball, training, outdoor activities and golf. adidas also offers casual footwear, clothing and accessories, combining performance-focused products with lifestyle and fashion-oriented collections.
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