China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Short Interest Down 87.5% in October

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) saw a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 1,300 shares, a decrease of 87.5% from the October 15th total of 10,400 shares. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is presently 0.1 days.

China Mengniu Dairy Trading Down 2.1 %

Shares of CIADY stock traded down $0.46 during trading hours on Thursday, hitting $21.86. The company’s stock had a trading volume of 8,014 shares, compared to its average volume of 33,126. The business has a fifty day moving average of $20.95 and a 200-day moving average of $19.21. China Mengniu Dairy has a twelve month low of $15.06 and a twelve month high of $33.82. The company has a quick ratio of 0.83, a current ratio of 0.99 and a debt-to-equity ratio of 0.47.

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.