China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Short Interest Update

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 21,400 shares, a drop of 56.9% from the July 15th total of 49,600 shares. Based on an average daily volume of 53,000 shares, the days-to-cover ratio is currently 0.4 days.

China Mengniu Dairy Price Performance

OTCMKTS CIADY traded up $0.15 during trading hours on Thursday, hitting $16.50. The company’s stock had a trading volume of 40,811 shares, compared to its average volume of 37,730. The stock has a fifty day moving average of $17.61 and a 200 day moving average of $20.69. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 0.54. China Mengniu Dairy has a twelve month low of $15.93 and a twelve month high of $35.73.

China Mengniu Dairy Increases Dividend

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

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.