adidas AG (OTCMKTS:ADDDF) Short Interest Update

adidas AG (OTCMKTS:ADDDF) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 349,200 shares, a decline of 31.0% from the November 30th total of 506,000 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 698.4 days.

adidas Stock Performance

Shares of ADDDF stock opened at $247.63 on Monday. The business has a fifty day moving average of $239.16 and a 200 day moving average of $242.87. adidas has a 1 year low of $175.25 and a 1 year 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.