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

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) saw a significant increase in short interest during the month of 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 trading volume of 12,300 shares, the days-to-cover ratio is presently 0.2 days.

China Mengniu Dairy Trading Down 0.4 %

OTCMKTS:CIADY traded down $0.07 on Wednesday, reaching $19.25. The company’s stock had a trading volume of 6,745 shares, compared to its average volume of 12,866. 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 has a 12-month low of $15.06 and a 12-month high of $29.00. The stock has a 50 day moving average price of $21.91 and a 200 day moving average price of $19.95.

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.