adidas AG (OTCMKTS:ADDYY) Short Interest Up 1,125.3% in January

adidas AG (OTCMKTS:ADDYY - Get Free Report) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 91,900 shares, a growth of 1,125.3% from the December 31st total of 7,500 shares. Based on an average daily volume of 88,300 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in adidas stock. GAMMA Investing LLC raised its stake in shares of adidas AG (OTCMKTS:ADDYY - Free Report) by 13.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 897 shares of the company's stock after purchasing an additional 105 shares during the period. GAMMA Investing LLC's holdings in adidas were worth $109,000 as of its most recent filing with the Securities & Exchange Commission.

adidas Stock Down 1.4 %

OTCMKTS ADDYY traded down $1.85 during mid-day trading on Tuesday, reaching $132.69. The stock had a trading volume of 35,899 shares, compared to its average volume of 43,906. The company has a fifty day moving average price of $123.24 and a 200 day moving average price of $122.86. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.32 and a quick ratio of 0.78. adidas has a 1 year low of $88.03 and a 1 year high of $135.68. The stock has a market cap of $47.38 billion, a PE ratio of 102.07 and a beta of 1.18.

adidas (OTCMKTS:ADDYY - Get Free Report) last posted its earnings results on Tuesday, October 29th. The company reported $1.34 EPS for the quarter, topping analysts' consensus estimates of $1.09 by $0.25. adidas had a net margin of 1.91% and a return on equity of 7.39%. The business had revenue of $7.08 billion during the quarter, compared to the consensus estimate of $7.01 billion. On average, research analysts expect that adidas will post 2.21 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. HSBC lowered shares of adidas from a "buy" rating to a "hold" rating in a research report on Wednesday, October 23rd. Sanford C. Bernstein raised adidas from a "market perform" rating to an "outperform" rating in a research note on Monday, January 6th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, adidas has an average rating of "Moderate Buy".

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.

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