Short Interest in China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Declines By 47.6%

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 1,100 shares, a drop of 47.6% from the December 31st total of 2,100 shares. Based on an average trading volume of 25,700 shares, the days-to-cover ratio is presently 0.0 days.

China Mengniu Dairy Stock Up 2.7 %

OTCMKTS CIADY traded up $0.55 during trading hours on Thursday, reaching $20.68. The company’s stock had a trading volume of 8,030 shares, compared to its average volume of 10,435. The firm has a fifty day simple moving average of $21.43 and a 200-day simple moving average of $20.07. The company has a quick ratio of 0.83, a current ratio of 0.99 and a debt-to-equity ratio of 0.47. China Mengniu Dairy has a 52 week low of $15.06 and a 52 week high of $29.00.

China Mengniu Dairy Company Profile

China Mengniu Dairy Company Limited, an investment holding company, engages in the manufacture and distribution of dairy products under the MENGNIU brand in the People's Republic of China and internationally. It operates through Liquid Milk Business, Ice Cream Business, Milk Formula Business, and Cheese Business, and Other segments.