China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Up 84.7% in January

China Mengniu Dairy (OTCMKTS:CIADY) was the recipient of a significant increase in short interest in January. As of January 30th, there was short interest totaling 47,453 shares, an increase of 84.7% from the January 15th total of 25,692 shares. Based on an average daily trading volume, of 22,118 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 22,118 shares, the days-to-cover ratio is currently 2.1 days.

Analyst Ratings Changes

Separately, Zacks Research raised shares of China Mengniu Dairy from a “strong sell” rating to a “hold” rating in a report on Monday, October 27th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, China Mengniu Dairy presently has an average rating of “Hold”.

China Mengniu Dairy Stock Performance

OTCMKTS:CIADY opened at $21.29 on Friday. The business’s 50-day moving average price is $20.09 and its two-hundred day moving average price is $19.64. China Mengniu Dairy has a twelve month low of $17.81 and a twelve month high of $26.54. The company has a quick ratio of 0.82, a current ratio of 0.94 and a debt-to-equity ratio of 0.24.

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).