China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Update

China Mengniu Dairy (OTCMKTS:CIADY) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 435 shares, a drop of 86.6% from the April 30th total of 3,240 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 7,848 shares, the days-to-cover ratio is currently 0.1 days.

China Mengniu Dairy Trading Up 3.1%

Shares of OTCMKTS:CIADY traded up $0.65 during midday trading on Friday, reaching $21.60. 132 shares of the company’s stock were exchanged, compared to its average volume of 7,270. The firm’s 50 day simple moving average is $21.71 and its two-hundred day simple moving average is $20.62. The company has a quick ratio of 0.87, a current ratio of 1.00 and a debt-to-equity ratio of 0.24. China Mengniu Dairy has a fifty-two week low of $17.81 and a fifty-two week high of $24.05.

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).