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Short Interest in China Mengniu Dairy (OTCMKTS:CIADY) Declines By 45.4%

China Mengniu Dairy logo with Consumer Staples background
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Key Points

  • Short interest fell 45.4% to 1,448 shares as of Feb 27 (from 2,653 on Feb 12), leaving a short-interest ratio of 0.1 days and effectively 0.0% of shares sold short.
  • Shares opened at $20.30, trading down ~1.5%, with 50‑day/200‑day moving averages of $20.63/$19.60 and a 12‑month range of $17.81–$26.54; the company reports a debt/equity of 0.24 and current/quick ratios of 0.94/0.82.
  • China Mengniu Dairy is one of China's largest dairy producers (founded 1999, Hohhot), offering milk, yogurt, ice cream, milk powder and cheese under brands like Mengniu, Ambrosial and Yashili.
  • MarketBeat previews the top five stocks to own by May 1st.

China Mengniu Dairy (OTCMKTS:CIADY - Get Free Report) was the recipient of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 1,448 shares, a decrease of 45.4% from the February 12th total of 2,653 shares. Based on an average daily volume of 11,472 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 11,472 shares, the short-interest ratio is presently 0.1 days.

China Mengniu Dairy Trading Down 1.5%

Shares of CIADY opened at $20.30 on Thursday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.82 and a current ratio of 0.94. The company has a 50-day moving average price of $20.63 and a two-hundred day moving average price of $19.60. China Mengniu Dairy has a 12 month low of $17.81 and a 12 month high of $26.54.

About China Mengniu Dairy

(Get Free Report)

China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.

Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).

Further Reading

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