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China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Sees Significant Growth in Short Interest

China Mengniu Dairy logo with Consumer Staples background
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China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 8,900 shares, an increase of 394.4% from the February 28th total of 1,800 shares. Based on an average daily volume of 15,700 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company's shares are sold short.

China Mengniu Dairy Stock Down 3.1 %

Shares of China Mengniu Dairy stock traded down $0.78 on Monday, hitting $24.51. The stock had a trading volume of 7,886 shares, compared to its average volume of 7,812. The stock has a 50 day moving average of $22.06 and a 200 day moving average of $21.76. China Mengniu Dairy has a twelve month low of $15.06 and a twelve month high of $29.00. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 0.99.

China Mengniu Dairy Company Profile

(Get Free Report)

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.

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