China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Short Interest Up 97.6% in July

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totalling 49,600 shares, a growth of 97.6% from the June 30th total of 25,100 shares. Based on an average daily volume of 64,200 shares, the days-to-cover ratio is presently 0.8 days.

China Mengniu Dairy Stock Down 0.5 %

CIADY traded down $0.09 on Friday, reaching $17.56. The company’s stock had a trading volume of 21,087 shares, compared to its average volume of 27,576. The stock has a 50 day moving average of $18.37 and a two-hundred day moving average of $21.24. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.86 and a current ratio of 1.05. China Mengniu Dairy has a fifty-two week low of $16.29 and a fifty-two week high of $38.17.

China Mengniu Dairy Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, July 11th. Stockholders of record on Monday, June 17th were issued a $0.6052 dividend. This is an increase from China Mengniu Dairy’s previous dividend of $0.53. The ex-dividend date was Monday, June 17th.

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.