China Mengniu Dairy (OTCMKTS:CIADY) Sees Large Decrease in Short Interest

China Mengniu Dairy (OTCMKTS:CIADY) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 545 shares, a drop of 62.4% from the February 26th total of 1,448 shares. Based on an average daily trading volume, of 16,223 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 16,223 shares, the short-interest ratio is currently 0.0 days.

China Mengniu Dairy Price Performance

China Mengniu Dairy stock opened at $20.17 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.94 and a quick ratio of 0.82. The business’s fifty day simple moving average is $20.81 and its two-hundred day simple moving average is $19.65. China Mengniu Dairy has a 12 month low of $17.81 and a 12 month high of $26.54.

About China Mengniu Dairy

China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.

Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).