China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) was the target of a large drop in short interest in 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. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 7,848 shares, the days-to-cover ratio is presently 0.1 days.
China Mengniu Dairy Stock Performance
Shares of CIADY opened at $20.95 on Thursday. The company has a 50-day simple moving average of $21.71 and a 200-day simple moving average of $20.60. The company has a current ratio of 1.00, a quick ratio of 0.87 and a debt-to-equity ratio of 0.24. China Mengniu Dairy has a 52-week low of $17.81 and a 52-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).
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