Short Interest in China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Increases By 394.4%

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 8,900 shares, an increase of 394.4% from the February 28th total of 1,800 shares. Based on an average daily trading volume, of 15,700 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the company’s stock are short sold.

China Mengniu Dairy Price Performance

China Mengniu Dairy stock traded up $1.36 during mid-day trading on Friday, reaching $25.29. 3,805 shares of the company were exchanged, compared to its average volume of 7,817. The company has a quick ratio of 0.83, a current ratio of 0.99 and a debt-to-equity ratio of 0.47. The business has a fifty day moving average of $21.97 and a 200 day moving average of $21.62. China Mengniu Dairy has a 12-month low of $15.06 and a 12-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.