ANTA Sports Products Limited (OTCMKTS:ANPDY – Get Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 102 shares, a decline of 97.0% from the December 31st total of 3,437 shares. Based on an average trading volume of 2,821 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 2,821 shares, the days-to-cover ratio is presently 0.0 days.
ANTA Sports Products Stock Performance
Shares of OTCMKTS:ANPDY traded up $4.33 during midday trading on Tuesday, hitting $251.32. 3,452 shares of the stock traded hands, compared to its average volume of 1,632. The business’s 50 day moving average is $262.85 and its two-hundred day moving average is $281.18. ANTA Sports Products has a one year low of $231.87 and a one year high of $347.15.
More ANTA Sports Products News
Here are the key news stories impacting ANTA Sports Products this week:
- Positive Sentiment: ANTA agreed to buy a 29.06% stake in Puma for €1.5 billion (~$1.8B), making it Puma’s largest shareholder — a strategic move that instantly increases ANTA’s global brand exposure and gives potential upside if Puma’s turnaround succeeds. China’s Anta Sports buys 29% Puma stake for $1.8 billion, rules out full takeover (Reuters)
- Positive Sentiment: Puma shares jumped sharply on the announcement (reported ~20%), which implies immediate mark‑to‑market gains on ANTA’s position and signals market approval of the deal’s perceived value. Puma shares surge 20% after Anta Sports buys stake (CNBC)
- Positive Sentiment: Reported short interest in ANTA plunged about 97% to only 102 shares as of Jan 15, removing a significant layer of bearish positioning and reducing near‑term downward pressure from short covering.
- Neutral Sentiment: Analysts are reassessing ANTA’s story after the deal; some takeaways may lift long‑term multiple assumptions but valuation and execution questions remain — this could re-rate the stock if reassessments are broadly positive. Why The ANTA Sports Products SEHK 2020 Story Is Shifting After Fresh Analyst Reassessment (Yahoo)
- Negative Sentiment: Large cash outlay (~€1.5B) raises investor concerns about capital allocation, leverage, and liquidity — plus integration/governance risks as ANTA becomes a major shareholder without pursuing a full takeover. These factors could pressure the stock if investors view the deal as overpaying or risky. Anta Sports Set to Become Puma’s Largest Shareholder in $1.8 Billion Deal (WSJ)
About ANTA Sports Products
ANTA Sports Products Limited (OTCMKTS: ANPDY) is a leading Chinese sportswear company engaged in the design, development, manufacturing and marketing of athletic and leisure footwear, apparel and accessories. The company’s offerings span a wide range of performance-oriented products, including running shoes, basketball footwear, training apparel, sports equipment and lifestyle wear. ANTA positions itself as a vertically integrated manufacturer, maintaining control over the supply chain from raw material sourcing through in-house production and distribution.
In addition to its flagship ANTA brand, the company has built a diversified portfolio through strategic acquisitions and licensing agreements.
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