China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) was the target of a significant 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. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 6,451 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 6,451 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are short sold.
China Mengniu Dairy Trading Down 2.1%
Shares of OTCMKTS:CIADY traded down $0.45 during trading on Friday, reaching $20.54. The stock had a trading volume of 625 shares, compared to its average volume of 8,674. The firm’s 50-day simple moving average is $20.53 and its 200 day simple moving average is $19.66. 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 one year low of $17.81 and a one year high of $26.54.
China Mengniu Dairy Company Profile
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).
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