adidas AG (OTCMKTS:ADDDF) Sees Significant Growth in Short Interest

adidas AG (OTCMKTS:ADDDF) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totalling 768,300 shares, a growth of 25.2% from the July 31st total of 613,600 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is presently 247.8 days.

adidas Stock Up 1.6 %

ADDDF opened at $254.25 on Friday. The business has a 50 day moving average price of $241.21 and a two-hundred day moving average price of $231.42. adidas has a 52 week low of $163.00 and a 52 week high of $270.25.

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.