Short Interest in China Feihe Limited (OTCMKTS:CFEIY) Decreases By 99.2%

China Feihe Limited (OTCMKTS:CFEIY) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 200 shares, a drop of 99.2% from the September 15th total of 25,400 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 0.2 days.

OTCMKTS CFEIY traded down $1.78 during mid-day trading on Thursday, hitting $15.50. The company’s stock had a trading volume of 760 shares, compared to its average volume of 11,587. China Feihe has a twelve month low of $11.56 and a twelve month high of $32.25. The company’s 50 day simple moving average is $17.41 and its 200 day simple moving average is $23.05.

China Feihe Company Profile

China Feihe Limited, an investment holding company, produces and sells infant milk formula products in Mainland China and the United States. The company offers a range of dairy products, including raw milk, adult milk powders, liquid milk products, adult goat milk powder, and soybean powder. It is also involved in the retail of vitamins, minerals, herbs, and other nutritional supplements.

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