China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Short Interest Down 14.8% in October

China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 10,400 shares, a decrease of 14.8% from the September 30th total of 12,200 shares. Based on an average daily volume of 15,300 shares, the short-interest ratio is presently 0.7 days.

China Mengniu Dairy Stock Performance

Shares of OTCMKTS CIADY traded down $0.58 during midday trading on Tuesday, hitting $21.99. 8,231 shares of the company's stock were exchanged, compared to its average volume of 34,501. The firm's fifty day simple moving average is $19.33 and its 200-day simple moving average is $18.96. China Mengniu Dairy has a twelve month low of $15.06 and a twelve month high of $34.77. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.99 and a quick ratio of 0.83.

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.