China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Down 99.8% in June

China Mengniu Dairy (OTCMKTS:CIADY) was the recipient of a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 4 shares, a decline of 99.8% from the June 15th total of 1,728 shares. Based on an average trading volume of 10,490 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

China Mengniu Dairy Price Performance

Shares of China Mengniu Dairy stock traded down $0.36 during trading on Friday, reaching $21.79. 1,653 shares of the stock were exchanged, compared to its average volume of 6,523. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.87 and a current ratio of 1.00. The stock’s fifty day moving average is $21.39 and its 200 day moving average is $21.04. China Mengniu Dairy has a 1 year low of $17.81 and a 1 year high of $24.05.

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).