What’s in AMER SPORTS CORPORATION ORDINARY SHARES (OTCMKTS:AGPDF) After Decline in Shorted Shares?

September 14, 2018 - By Ricky Cave

Amer Sports Corporation (OTCMKTS:AGPDF) Logo

The stock of AMER SPORTS CORPORATION ORDINARY SHARES (OTCMKTS:AGPDF) registered a decrease of 25.58% in short interest. AGPDF’s total short interest was 346,500 shares in September as published by FINRA. Its down 25.58% from 465,600 shares, reported previously. With 100 shares average volume, it will take short sellers 3465 days to cover their AGPDF’s short positions.

It closed at $32.25 lastly. It is down 0.00% since September 14, 2017 and is . It has underperformed by 15.62% the S&P500.

Amer Sports Corporation, a sporting goods company, together with its subsidiaries, designs, makes, distributes, sells, and markets sports equipment, apparel, and footwear primarily in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company has market cap of $3.71 billion. It operates through three divisions: Outdoor, Ball Sports, and Fitness. It has a 34.35 P/E ratio. The firm offers footwear, apparel and accessories, winter sports equipment, cycling components, sports instruments, racquet and team sports equipment, golf equipment, and fitness equipment.

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