Short Interest in China Mengniu Dairy (OTCMKTS:CIADY) Declines By 99.8%

China Mengniu Dairy (OTCMKTS:CIADY) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 4 shares, a decline of 99.8% from the June 15th total of 1,728 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 10,490 shares, the short-interest ratio is currently 0.0 days.

China Mengniu Dairy Price Performance

CIADY traded down $0.36 on Friday, hitting $21.79. 1,653 shares of the company were exchanged, compared to its average volume of 6,523. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.00 and a quick ratio of 0.87. The firm has a fifty day simple moving average of $21.39 and a two-hundred day simple moving average of $21.04. China Mengniu Dairy has a 12 month low of $17.81 and a 12 month high of $24.05.

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).