China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Sees Significant Growth in Short Interest

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 13,100 shares, a growth of 47.2% from the March 15th total of 8,900 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 9,600 shares, the short-interest ratio is currently 1.4 days.

China Mengniu Dairy Stock Performance

OTCMKTS:CIADY opened at $24.89 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.99 and a quick ratio of 0.83. China Mengniu Dairy has a fifty-two week low of $15.06 and a fifty-two week high of $29.00. The company has a 50 day simple moving average of $23.58 and a two-hundred day simple moving average of $22.37.

China Mengniu Dairy Company Profile

China Mengniu Dairy Company Limited, an investment holding company, engages in the manufacture and distribution of dairy products under the MENGNIU brand in the People's Republic of China and internationally. It operates through Liquid Milk Business, Ice Cream Business, Milk Formula Business, and Cheese Business, and Other segments.