Anta Sports Products Ltd. (OTCMKTS:ANPDF) Sees Large Drop in Short Interest

Anta Sports Products Ltd. (OTCMKTS:ANPDF) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 529,071 shares, a decrease of 64.9% from the September 15th total of 1,508,777 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 860 shares, the short-interest ratio is currently 615.2 days.

Anta Sports Products Price Performance

Shares of ANPDF opened at $9.10 on Wednesday. Anta Sports Products has a twelve month low of $8.87 and a twelve month high of $11.81. The company has a quick ratio of 1.59, a current ratio of 1.91 and a debt-to-equity ratio of 0.13. The stock’s fifty day simple moving average is $9.39 and its 200 day simple moving average is $9.65.

Anta Sports Products Company Profile

Anta Sports Products Limited is a China-based sporting goods company that designs, develops, manufactures and sells athletic footwear, apparel and sports accessories. Its products serve a range of sports and consumer segments, including running, basketball, training and outdoor activities.

The company markets products under the ANTA brand and operates or manages other brands in China, including FILA, DESCENTE and KOLON SPORT. Anta Sports also has an ownership interest in Amer Sports, the global sports and outdoor equipment group whose brands include Arc’teryx, Salomon and Wilson.

Founded in 1991 and headquartered in Jinjiang, Fujian, China, Anta Sports has built an extensive retail and distribution network in China while expanding its international presence through its brand portfolio.