China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 13,100 shares, an increase of 47.2% from the March 15th total of 8,900 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 9,600 shares, the days-to-cover ratio is currently 1.4 days.
China Mengniu Dairy Stock Performance
Shares of OTCMKTS:CIADY traded up $0.29 on Wednesday, reaching $24.77. 7,352 shares of the company's stock were exchanged, compared to its average volume of 8,214. China Mengniu Dairy has a twelve month low of $15.06 and a twelve month high of $29.00. The company has a fifty day moving average of $23.88 and a 200-day moving average of $22.34. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 0.99.
About China Mengniu Dairy
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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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