China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Sees Large Increase in Short Interest

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 1,800 shares, a growth of 157.1% from the February 13th total of 700 shares. Based on an average daily volume of 10,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

China Mengniu Dairy Stock Up 9.0 %

OTCMKTS:CIADY traded up $2.12 during mid-day trading on Friday, hitting $25.75. The stock had a trading volume of 2,537 shares, compared to its average volume of 8,381. The stock has a 50-day simple moving average of $21.12 and a two-hundred day simple moving average of $21.09. The company has a quick ratio of 0.83, a current ratio of 0.99 and a debt-to-equity ratio of 0.47. China Mengniu Dairy has a twelve month low of $15.06 and a twelve month high of $29.00.

About China Mengniu Dairy

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.