China Mengniu Dairy (OTCMKTS:CIADY) Sees Significant Increase in Short Interest

China Mengniu Dairy (OTCMKTS:CIADY) was the recipient of a significant increase in short interest during the month of 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,130 shares, the short-interest ratio is presently 0.4 days.

China Mengniu Dairy Price Performance

CIADY traded down $0.23 during trading on Thursday, reaching $22.91. The company had a trading volume of 1,133 shares, compared to its average volume of 7,805. China Mengniu Dairy has a 52 week low of $17.81 and a 52 week 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. The business has a 50 day simple moving average of $23.11 and a 200-day simple moving average of $21.90.

About China Mengniu Dairy

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.