China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 11,300 shares, an increase of 63.8% from the April 30th total of 6,900 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 5,100 shares, the short-interest ratio is currently 2.2 days.
China Mengniu Dairy Stock Performance
OTCMKTS CIADY traded up $0.27 during midday trading on Monday, hitting $22.33. The company had a trading volume of 2,096 shares, compared to its average volume of 6,760. The firm has a fifty day simple moving average of $24.08 and a two-hundred day simple moving average of $22.61. China Mengniu Dairy has a fifty-two week low of $15.06 and a fifty-two week 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
(
Get Free Report)
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.
Further Reading
Before you consider China Mengniu Dairy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Mengniu Dairy wasn't on the list.
While China Mengniu Dairy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
