Short Interest in adidas AG (OTCMKTS:ADDDF) Declines By 9.9%

adidas AG (OTCMKTS:ADDDF) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totalling 971,000 shares, a decline of 9.9% from the June 15th total of 1,077,300 shares. Based on an average trading volume of 14,900 shares, the short-interest ratio is currently 65.2 days.

adidas Stock Performance

Shares of ADDDF stock opened at $248.20 on Monday. adidas has a one year low of $163.00 and a one year high of $259.06. The firm’s 50 day moving average price is $241.42 and its 200-day moving average price is $219.19.

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.