adidas AG (OTCMKTS:ADDDF – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 590,976 shares, a growth of 68.9% from the August 31st total of 349,976 shares. Based on an average daily trading volume, of 221 shares, the days-to-cover ratio is presently 2,674.1 days.
adidas Stock Performance
OTCMKTS:ADDDF opened at $161.00 on Thursday. The firm has a 50-day simple moving average of $176.89 and a 200-day simple moving average of $178.87. adidas has a one year low of $145.65 and a one year high of $225.00.
About adidas
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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