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Short Interest in China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Drops By 47.6%

China Mengniu Dairy logo with Consumer Staples background

China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 1,100 shares, a decrease of 47.6% from the December 31st total of 2,100 shares. Based on an average daily volume of 25,700 shares, the days-to-cover ratio is presently 0.0 days.

China Mengniu Dairy Stock Performance

Shares of OTCMKTS:CIADY traded down $0.72 during midday trading on Monday, reaching $19.96. 7,352 shares of the company's stock traded hands, compared to its average volume of 9,510. The company has a fifty day simple moving average of $21.37 and a two-hundred day simple moving average of $20.10. The company has a current ratio of 0.99, a quick ratio of 0.83 and a debt-to-equity ratio of 0.47. China Mengniu Dairy has a 1 year low of $15.06 and a 1 year high of $29.00.

About China Mengniu Dairy

(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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