China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Short Interest Up 97.6% in July

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 49,600 shares, a growth of 97.6% from the June 30th total of 25,100 shares. Based on an average daily trading volume, of 64,200 shares, the short-interest ratio is presently 0.8 days.

China Mengniu Dairy Trading Down 0.5 %

Shares of OTCMKTS CIADY traded down $0.09 during midday trading on Friday, reaching $17.56. The company’s stock had a trading volume of 21,087 shares, compared to its average volume of 27,576. China Mengniu Dairy has a 12-month low of $16.29 and a 12-month high of $38.17. The firm has a 50 day moving average price of $18.37 and a 200-day moving average price of $21.24. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.05 and a quick ratio of 0.86.

China Mengniu Dairy Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, July 11th. Investors of record on Monday, June 17th were paid a $0.6052 dividend. This is an increase from China Mengniu Dairy’s previous dividend of $0.53. The ex-dividend date of this dividend was Monday, June 17th.

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.