China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,296 shares, a growth of 197.9% from the May 14th total of 435 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 8,843 shares, the days-to-cover ratio is currently 0.1 days.
China Mengniu Dairy Stock Up 0.4%
CIADY stock opened at $21.15 on Friday. The company’s 50 day simple moving average is $21.75 and its 200-day simple moving average is $20.77. China Mengniu Dairy has a 12 month low of $17.81 and a 12 month high of $24.05. The company has a current ratio of 1.00, a quick ratio of 0.87 and a debt-to-equity ratio of 0.24.
About China Mengniu Dairy
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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