China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) was the recipient of a large growth in short interest during 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. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 9,670 shares, the days-to-cover ratio is presently 0.7 days.
China Mengniu Dairy Stock Down 0.6%
OTCMKTS CIADY traded down $0.14 on Friday, reaching $22.36. The stock had a trading volume of 242 shares, compared to its average volume of 7,512. China Mengniu Dairy has a 12-month low of $17.81 and a 12-month high of $24.81. The business’s 50-day moving average price is $23.32 and its 200 day moving average price is $22.11. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.00 and a quick ratio of 0.87.
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.
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