adidas AG (OTCMKTS:ADDDF) Short Interest Update

adidas AG (OTCMKTS:ADDDF) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 277,900 shares, a decrease of 52.5% from the February 28th total of 585,400 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 397.0 days.

adidas Price Performance

Shares of OTCMKTS:ADDDF opened at $241.28 on Friday. adidas has a one year low of $207.80 and a one year high of $274.60. The firm has a 50 day simple moving average of $256.59 and a 200 day simple moving average of $248.38.

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.