China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Up 40,900.0% in August

China Mengniu Dairy (OTCMKTS:CIADY) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 1,640 shares, an increase of 40,900.0% from the August 15th total of 4 shares. Based on an average trading volume of 4,130 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

China Mengniu Dairy Stock Performance

Shares of OTCMKTS CIADY traded down $0.23 during midday trading on Thursday, hitting $22.91. 1,133 shares of the company’s stock were exchanged, compared to its average volume of 7,805. The firm’s fifty day simple moving average is $23.11 and its 200-day simple moving average is $21.90. China Mengniu Dairy has a twelve month low of $17.81 and a twelve month high of $24.81. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.00 and a quick ratio of 0.87.

China Mengniu Dairy Company Profile

China Mengniu Dairy Company Limited is a dairy products company headquartered in Hohhot, Inner Mongolia, China. The company develops, manufactures and distributes a broad range of dairy products, including liquid milk, yogurt, ice cream, cheese, milk powder and infant formula.

Mengniu sells products under brands including Mengniu, Deluxe, Yashili and Bellamy’s. Its portfolio serves multiple consumer segments, from everyday dairy products to premium offerings and specialized nutrition products.