China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,296 shares, an increase of 197.9% from the May 14th total of 435 shares. Based on an average trading volume of 8,843 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
China Mengniu Dairy Stock Down 0.0%
Shares of CIADY stock opened at $21.14 on Friday. China Mengniu Dairy has a 52-week low of $17.81 and a 52-week high of $24.05. The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 0.24. The firm’s 50 day moving average price is $21.73 and its two-hundred day moving average price is $20.77.
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).
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