China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4 shares, a decrease of 91.8% from the July 30th total of 49 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 10,011 shares, the days-to-cover ratio is presently 0.0 days.
China Mengniu Dairy Price Performance
Shares of OTCMKTS CIADY opened at $22.96 on Thursday. China Mengniu Dairy has a 1 year low of $17.81 and a 1 year high of $24.81. The firm has a 50-day moving average of $22.59 and a 200 day moving average of $21.83. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.00 and a quick ratio of 0.87.
China Mengniu Dairy Company Profile
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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