China Mengniu Dairy Company Limited (OTCMKTS:CIADY) Short Interest Up 394.4% in March

China Mengniu Dairy Company Limited (OTCMKTS:CIADY) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 8,900 shares, an increase of 394.4% from the February 28th total of 1,800 shares. Based on an average daily volume of 15,700 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are sold short.

China Mengniu Dairy Trading Down 3.1 %

Shares of CIADY opened at $24.51 on Friday. The stock has a 50-day simple moving average of $22.06 and a 200-day simple moving average of $21.68. The company has a current ratio of 0.99, a quick ratio of 0.83 and a debt-to-equity ratio of 0.47. China Mengniu Dairy has a 1 year low of $15.06 and a 1 year high of $29.00.

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.