The a2 Milk Company Limited (OTCMKTS:ACOPF) Sees Significant Decrease in Short Interest

The a2 Milk Company Limited (OTCMKTS:ACOPF) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 44,879 shares, a decline of 34.0% from the September 30th total of 68,046 shares. Based on an average daily trading volume, of 96 shares, the short-interest ratio is presently 467.5 days.

a2 Milk Stock Performance

OTCMKTS ACOPF opened at $4.55 on Tuesday. The firm’s 50 day moving average price is $4.69 and its two-hundred day moving average price is $5.15. a2 Milk has a twelve month low of $3.65 and a twelve month high of $6.86.

About a2 Milk

The a2 Milk Company Limited is a New Zealand-based dairy nutrition company that develops, markets and sells products made with milk containing only the A2 type of beta-casein protein. Its portfolio includes branded fresh milk, infant formula, growing-up milk, nutritional products and other dairy products.

The company’s principal brands include a2 Milk and a2 Platinum, with products sold through grocery, pharmacy and e-commerce channels. Its infant nutrition business is particularly focused on families in China, while its dairy products are marketed in New Zealand, Australia and selected international markets, including the United States and the United Kingdom.

The company traces its origins to research and commercialization efforts surrounding A2 beta-casein and has developed a business centered on differentiated dairy nutrition.