China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Short Interest Up 394.4% in March

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 8,900 shares, an increase of 394.4% from the February 28th total of 1,800 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 15,700 shares, the days-to-cover ratio is currently 0.6 days.

China Mengniu Dairy Trading Up 5.7 %

Shares of CIADY stock traded up $1.36 during trading hours on Friday, reaching $25.29. 3,805 shares of the company’s stock were exchanged, compared to its average volume of 7,817. China Mengniu Dairy has a 1 year low of $15.06 and a 1 year high of $29.00. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.99 and a quick ratio of 0.83. The stock’s fifty day moving average price is $21.97 and its two-hundred day moving average price is $21.62.

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.