China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Up 84.7% in January

China Mengniu Dairy (OTCMKTS:CIADY) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 47,453 shares, a growth of 84.7% from the January 15th total of 25,692 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 22,118 shares, the short-interest ratio is currently 2.1 days. Based on an average daily volume of 22,118 shares, the short-interest ratio is currently 2.1 days. Approximately 0.0% of the shares of the stock are short sold.

China Mengniu Dairy Stock Down 3.0%

Shares of CIADY stock opened at $21.52 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.94 and a debt-to-equity ratio of 0.24. The business’s fifty day moving average is $20.04 and its 200 day moving average is $19.64. China Mengniu Dairy has a twelve month low of $17.81 and a twelve month high of $26.54.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of China Mengniu Dairy from a “strong sell” rating to a “hold” rating in a research report on Monday, October 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, China Mengniu Dairy presently has an average rating of “Hold”.

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).