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

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 6,000 shares, a growth of 361.5% from the October 31st total of 1,300 shares. Based on an average daily volume of 16,500 shares, the days-to-cover ratio is currently 0.4 days.

China Mengniu Dairy Trading Up 3.3 %

OTCMKTS:CIADY traded up $0.71 on Friday, reaching $22.09. The company’s stock had a trading volume of 11,266 shares, compared to its average volume of 10,739. China Mengniu Dairy has a 12-month low of $15.06 and a 12-month high of $32.10. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.99 and a quick ratio of 0.83. The stock has a 50 day moving average price of $22.16 and a 200 day moving average price of $19.25.

About China Mengniu Dairy

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.