adidas AG (OTCMKTS:ADDDF) Short Interest Up 10.3% in June

adidas AG (OTCMKTS:ADDDF) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 1,077,300 shares, an increase of 10.3% from the May 31st total of 976,600 shares. Based on an average daily volume of 3,800 shares, the days-to-cover ratio is presently 283.5 days.

adidas Price Performance

Shares of adidas stock opened at $238.32 on Tuesday. adidas has a 12 month low of $163.00 and a 12 month high of $259.06. The business has a fifty day simple moving average of $242.53 and a two-hundred day simple moving average of $217.23.

adidas Company Profile

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.