adidas AG (OTCMKTS:ADDDF) Short Interest Up 17.7% in January

adidas AG (OTCMKTS:ADDDF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 411,000 shares, an increase of 17.7% from the December 31st total of 349,200 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 822.0 days.

adidas Trading Up 2.0 %

Shares of OTCMKTS ADDDF opened at $270.50 on Friday. The company has a 50 day simple moving average of $248.52 and a 200 day simple moving average of $245.55. adidas has a 1 year low of $175.25 and a 1 year high of $273.24.

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.