adidas AG (OTCMKTS:ADDDF) Short Interest Up 14.5% in August

adidas AG (OTCMKTS:ADDDF) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 879,700 shares, a growth of 14.5% from the August 15th total of 768,300 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 977.4 days.

adidas Stock Up 0.4 %

OTCMKTS:ADDDF opened at $242.41 on Friday. The company has a 50 day moving average price of $243.43 and a 200-day moving average price of $235.36. adidas has a 1-year low of $163.00 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.