adidas (ADDYY) Short Interest Ratio & Short Volume

Short interest is the volume of adidas shares that have been sold short but have not yet been closed out or covered. As of September 15th, traders have sold 16,600 shares of ADDYY short. Learn More on adidas' current short interest.

adidas saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 16,600 shares, a decline of 5.7% from the previous total of 17,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the sector of "consumer discretionary" compare to adidas: ANTA Sports Products Limited (0.34%), Electronic Arts Inc. (1.55%), Las Vegas Sands Corp. (3.08%), Hilton Worldwide Holdings Inc. (2.15%), Warner Bros. Discovery, Inc. (4.41%), Panasonic Holdings Co. (0.01%), Sands China Ltd. (0.00%), DraftKings Inc. (3.09%), Royal Caribbean Cruises Ltd. (8.34%), Take-Two Interactive Software, Inc. (2.46%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($8.05 billion), T-Mobile US, Inc. ($3.94 billion), Charter Communications, Inc. ($3.77 billion), Occidental Petroleum Co. ($3.27 billion), Tractor Supply ($2.29 billion), Celsius Holdings, Inc. ($2.20 billion), Rivian Automotive, Inc. ($2.10 billion), Moderna, Inc. ($2.08 billion), Royal Caribbean Cruises Ltd. ($1.90 billion), and T. Rowe Price Group, Inc. ($1.90 billion). View all of the most shorted stocks.

Short selling ADDYY is an investing strategy that aims to generate trading profit from adidas as its price is falling. ADDYY shares are trading down $0.42 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for adidas occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of ADDYY, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ADDYY, twice per month. The most recent reporting period available is September, 15 2023.