China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Update

China Mengniu Dairy (OTCMKTS:CIADY) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,296 shares, an increase of 197.9% from the May 14th total of 435 shares. Based on an average daily trading volume, of 8,843 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

China Mengniu Dairy Price Performance

CIADY stock traded down $0.01 during midday trading on Friday, hitting $21.14. The stock had a trading volume of 1,132 shares, compared to its average volume of 3,138. The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 0.24. China Mengniu Dairy has a 12-month low of $17.81 and a 12-month high of $24.05. The company’s 50-day moving average price is $21.73 and its 200 day moving average price is $20.77.

China Mengniu Dairy Company Profile

China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.

Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).