China Feihe Limited (OTCMKTS:CFEIY) Short Interest Down 85.0% in October

China Feihe Limited (OTCMKTS:CFEIY) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 300 shares, a drop of 85.0% from the September 30th total of 2,000 shares. Based on an average daily volume of 500 shares, the short-interest ratio is presently 0.6 days.

China Feihe Price Performance

Shares of OTCMKTS CFEIY remained flat at $7.49 during midday trading on Friday. China Feihe has a 12 month low of $4.24 and a 12 month high of $7.50. The stock’s 50-day simple moving average is $6.20 and its two-hundred day simple moving average is $5.36.

China Feihe Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 19th were issued a dividend of $0.1675 per share. This is an increase from China Feihe’s previous dividend of $0.15. The ex-dividend date of this dividend was Thursday, September 19th.

China Feihe Company Profile

China Feihe Limited, an investment holding company, produces and sells infant milk formula products in Mainland China, Canada, and the United States. It operates through two segments, Raw milk; and Dairy Products and Nutritional Supplements Products. The company provides a range of raw milk, adult milk powders, children's milk powder, liquid milk products, maternity milk powder, and health care products, as well as soybean powder and goat milk powder.