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

China Mengniu Dairy (OTCMKTS:CIADY) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 2,653 shares, a decline of 94.4% from the January 29th total of 47,453 shares. Based on an average daily trading volume, of 6,451 shares, the short-interest ratio is currently 0.4 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 6,451 shares, the short-interest ratio is currently 0.4 days.

China Mengniu Dairy Stock Up 1.4%

Shares of OTCMKTS:CIADY opened at $20.99 on Thursday. The company has a quick ratio of 0.82, a current ratio of 0.94 and a debt-to-equity ratio of 0.24. China Mengniu Dairy has a 1 year low of $17.81 and a 1 year high of $26.54. The business’s 50 day moving average price is $20.52 and its 200-day moving average price is $19.66.

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).