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

China Mengniu Dairy (OTCMKTS:CIADY) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 6,990 shares, a growth of 326.2% from the August 31st total of 1,640 shares. Based on an average daily trading volume, of 9,670 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are short sold.

China Mengniu Dairy Price Performance

OTCMKTS CIADY traded down $0.24 on Friday, reaching $22.25. The company had a trading volume of 1,698 shares, compared to its average volume of 3,397. China Mengniu Dairy has a 1 year low of $17.81 and a 1 year 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 firm has a 50-day moving average of $23.31 and a 200-day moving average of $22.11.

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.