China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Up 850.0% in August

Key Points

• China Mengniu Dairy's short interest surged by 850.0% in August, rising from 200 shares to 1,900 shares.
• The company's stock increased by 3.7% on Thursday, trading at $19.74, with a current ratio of 0.97 and debt-to-equity ratio of 0.37.
• China Mengniu Dairy announced an increase in its dividend to $0.6371, yielding 288.0%, up from the previous dividend of $0.61.

China Mengniu Dairy (OTCMKTS:CIADY - Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 1,900 shares, a growth of 850.0% from the August 15th total of 200 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 7,500 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 7,500 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

China Mengniu Dairy Trading Down 0.3%

CIADY stock traded down $0.07 during trading hours on Tuesday, hitting $19.60. 3,556 shares of the stock traded hands, compared to its average volume of 5,404. The stock has a 50-day simple moving average of $20.57 and a 200 day simple moving average of $22.44. China Mengniu Dairy has a one year low of $16.10 and a one year high of $29.00. The company has a current ratio of 0.97, a quick ratio of 0.83 and a debt-to-equity ratio of 0.37.

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.