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

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 1,900 shares, a decline of 20.8% from the May 31st total of 2,400 shares. Based on an average daily volume of 55,400 shares, the days-to-cover ratio is presently 0.0 days.

China Mengniu Dairy Stock Down 2.6 %

CIADY stock traded down $0.47 on Friday, reaching $17.77. 35,223 shares of the company traded hands, compared to its average volume of 35,093. The firm has a fifty day simple moving average of $19.52 and a 200-day simple moving average of $22.33. China Mengniu Dairy has a one year low of $16.29 and a one year high of $38.98.

China Mengniu Dairy Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, July 11th. Stockholders of record on Monday, June 17th will be given a $0.6052 dividend. The ex-dividend date of this dividend is Monday, June 17th. This is a positive change from China Mengniu Dairy’s previous dividend of $0.53.

About China Mengniu Dairy

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.