China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Update

Key Points

• China Mengniu Dairy experienced a significant increase in short interest, rising by 60.0% in July, with a total of 800 shares shorted as of July 31st.
• The company announced a new dividend of $0.6371 per share, reflecting a yield of 288.0%, an increase from the previous dividend of $0.61.
• As of the last reported date, the stock opened at $20.95 and has a fifty-two week trading range between $15.06 and $29.00.

China Mengniu Dairy (OTCMKTS:CIADY - Get Free Report) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 800 shares, agrowthof60.0% from the July 15th total of 500 shares. Based on an average daily trading volume, of 5,500 shares, the short-interest ratio is currently 0.1 days. Currently,0.0% of the shares of the company are sold short. Currently,0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 5,500 shares, the short-interest ratio is currently 0.1 days.

China Mengniu Dairy Trading Down 1.6%

Shares of OTCMKTS CIADY traded down $0.3280 during midday trading on Friday, hitting $20.8320. The company's stock had a trading volume of 456 shares, compared to its average volume of 5,536. China Mengniu Dairy has a 1-year low of $15.06 and a 1-year high of $29.00. The firm's fifty day moving average price is $20.96 and its 200-day moving average price is $22.54. The company has a current ratio of 0.97, a quick ratio of 0.83 and a debt-to-equity ratio of 0.37.

China Mengniu Dairy Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 11th. Stockholders of record on Wednesday, June 18th were issued a $0.6371 dividend. This is a boost from China Mengniu Dairy's previous dividend of $0.61. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a dividend yield of 288.0%.

China Mengniu Dairy Company Profile

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.