China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Short Interest Update

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the recipient of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 2,400 shares, a decrease of 11.1% from the May 15th total of 2,700 shares. Based on an average trading volume of 41,100 shares, the short-interest ratio is presently 0.1 days.

China Mengniu Dairy Stock Performance

OTCMKTS:CIADY traded up $0.90 during trading hours on Tuesday, reaching $16.86. The company had a trading volume of 49,243 shares, compared to its average volume of 24,204. The stock has a 50-day moving average of $20.03 and a two-hundred day moving average of $22.91. China Mengniu Dairy has a one year low of $16.29 and a one year high of $40.06.

China Mengniu Dairy Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, July 11th. Shareholders of record on Monday, June 17th will be given a $0.6052 dividend. This is a boost from China Mengniu Dairy’s previous dividend of $0.53. The ex-dividend date of this dividend is 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.