China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) was the target of a large decrease in short interest in September. As of September 30th, there was short interest totaling 1,846 shares, a decrease of 73.6% from the September 15th total of 6,990 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 4,280 shares, the short-interest ratio is presently 0.4 days.
China Mengniu Dairy Price Performance
Shares of CIADY opened at $23.23 on Monday. The business’s fifty day moving average price is $23.08 and its 200 day moving average price is $22.24. China Mengniu Dairy has a 12-month low of $17.81 and a 12-month high of $24.81. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.77 and a current ratio of 0.88.
About China Mengniu Dairy
China Mengniu Dairy Co, Ltd. is a major dairy products company headquartered in Hohhot, Inner Mongolia, China. Founded in 1999, the company develops, produces and distributes a broad range of dairy foods and beverages for consumers in China and selected international markets.
Mengniu’s product portfolio includes liquid milk, yogurt, ice cream, cheese and milk-based beverages, as well as infant formula and other nutrition products. Its portfolio includes the Mengniu brand and a number of specialized and premium product lines serving different consumer segments.
The company operates through an integrated dairy supply chain that includes milk sourcing, processing, manufacturing, marketing and distribution.
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