China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Update

China Mengniu Dairy (OTCMKTS:CIADY) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 4 shares, a decline of 91.8% from the July 30th total of 49 shares. Based on an average trading volume of 10,011 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

China Mengniu Dairy Stock Down 0.0%

Shares of OTCMKTS:CIADY traded down $0.01 during mid-day trading on Tuesday, hitting $23.89. The stock had a trading volume of 2,174 shares, compared to its average volume of 4,249. The company’s 50 day moving average is $22.53 and its 200-day moving average is $21.82. China Mengniu Dairy has a 12-month low of $17.81 and a 12-month high of $24.81. The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 0.24.

China Mengniu Dairy Company Profile

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).