China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 49 shares, an increase of 1,125.0% from the July 15th total of 4 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 7,374 shares, the days-to-cover ratio is currently 0.0 days.
China Mengniu Dairy Stock Performance
Shares of OTCMKTS CIADY traded down $0.34 during trading on Tuesday, hitting $23.63. The company had a trading volume of 975 shares, compared to its average volume of 21,536. The stock has a 50 day simple moving average of $22.05 and a 200 day simple moving average of $21.64. 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 $24.81.
About China Mengniu Dairy
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).
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