China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Sees Large Drop in Short Interest

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 300 shares, a decrease of 72.7% from the January 15th total of 1,100 shares. Based on an average daily volume of 16,400 shares, the short-interest ratio is currently 0.0 days.

China Mengniu Dairy Stock Performance

Shares of OTCMKTS:CIADY traded down $0.04 during trading on Wednesday, hitting $19.69. The company’s stock had a trading volume of 10,459 shares, compared to its average volume of 9,966. The company has a 50-day moving average of $21.05 and a 200-day moving average of $20.16. China Mengniu Dairy has a 12 month low of $15.06 and a 12 month high of $29.00. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.99 and a quick ratio of 0.83.

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.