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

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the recipient of a significant increase in short interest in November. As of November 30th, there was short interest totalling 18,200 shares, an increase of 203.3% from the November 15th total of 6,000 shares. Based on an average daily trading volume, of 25,100 shares, the short-interest ratio is presently 0.7 days.

China Mengniu Dairy Stock Performance

Shares of OTCMKTS:CIADY traded up $0.16 during midday trading on Wednesday, hitting $22.42. 8,475 shares of the company’s stock traded hands, compared to its average volume of 31,528. The firm’s fifty day moving average price is $22.36 and its two-hundred day moving average price is $19.27. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 0.99. China Mengniu Dairy has a twelve month low of $15.06 and a twelve month high of $29.00.

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.