China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 4,000 shares, a decline of 69.5% from the March 31st total of 13,100 shares. Based on an average daily volume of 24,700 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.
China Mengniu Dairy Price Performance
CIADY stock traded up $0.67 during trading on Friday, hitting $24.84. The company had a trading volume of 3,120 shares, compared to its average volume of 7,687. The firm has a 50-day moving average price of $24.34 and a 200-day moving average price of $22.37. China Mengniu Dairy has a 12 month low of $15.06 and a 12 month high of $29.00. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 0.99.
About China Mengniu Dairy
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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.
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