China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Sees Significant Growth in Short Interest

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 2,100 shares, an increase of 61.5% from the December 15th total of 1,300 shares. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is presently 0.2 days.

China Mengniu Dairy Price Performance

Shares of CIADY traded down $0.25 during trading on Friday, reaching $19.02. The company’s stock had a trading volume of 13,376 shares, compared to its average volume of 6,930. China Mengniu Dairy has a twelve month low of $15.06 and a twelve month high of $29.00. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 0.99. The company has a fifty day moving average of $21.79 and a two-hundred day moving average of $19.94.

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.