Short Interest in China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Decreases By 14.8%

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 10,400 shares, a decline of 14.8% from the September 30th total of 12,200 shares. Based on an average daily trading volume, of 15,300 shares, the days-to-cover ratio is presently 0.7 days.

China Mengniu Dairy Stock Down 1.6 %

Shares of China Mengniu Dairy stock opened at $21.64 on Thursday. China Mengniu Dairy has a 1-year low of $15.06 and a 1-year high of $34.77. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 0.99. The business has a 50-day moving average of $19.46 and a 200-day moving average of $18.98.

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.