adidas AG (OTCMKTS: ADDDF) Short interest up 25.7% in June


adidas S.A. (OTCMKTS: ADDDFGet a rating) benefited from significant growth in short-term interest rates in June. As of June 30, there was short interest totaling 1,871,300 shares, a growth of 25.7% from the total of 1,488,800 shares as of June 15. Based on an average daily volume of 3,200 shares, the short interest ratio is currently 584.8 days.

adidas up 9.1%

Shares of OTCMKTS ADDDF opened at $179.01 on Wednesday. The company’s 50-day moving average price is $179.83 and its 200-day moving average price is $221.47. adidas has a 1-year low of $153.42 and a 1-year high of $405.55.

adidas Company Profile

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adidas AG, together with its subsidiaries, designs, develops, distributes and markets athletic and sports lifestyle products worldwide. It offers shoes; clothes; and accessories and equipment, such as adidas-branded bags and balls. It sells its products in approximately 2,200 directly operated retail stores; single-brand franchise stores and shop-in-shops; and wholesale and its e-commerce channels.

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