China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Update

China Mengniu Dairy (OTCMKTS:CIADY) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 200 shares, a decrease of 33.3% from the September 15th total of 300 shares. Based on an average daily trading volume, of 11,300 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 11,300 shares, the days-to-cover ratio is currently 0.0 days.

China Mengniu Dairy Price Performance

Shares of CIADY opened at $18.54 on Friday. The stock has a 50 day moving average price of $19.39 and a two-hundred day moving average price of $21.40. China Mengniu Dairy has a 52 week low of $17.94 and a 52 week high of $26.54.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded China Mengniu Dairy from a “hold” rating to a “strong sell” rating in a research note on Friday, September 26th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, China Mengniu Dairy currently has a consensus rating of “Sell”.

China Mengniu Dairy Company Profile

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.