China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Up 40.1% in January

China Mengniu Dairy (OTCMKTS:CIADY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 25,692 shares, an increase of 40.1% from the December 31st total of 18,337 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 27,074 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 27,074 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.0% of the shares of the company are sold short.

China Mengniu Dairy Stock Performance

CIADY stock opened at $20.90 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.94 and a quick ratio of 0.82. The business’s 50-day moving average is $19.54 and its two-hundred day moving average is $19.61. China Mengniu Dairy has a fifty-two week low of $17.81 and a fifty-two week high of $26.54.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of China Mengniu Dairy from a “strong sell” rating to a “hold” rating in a report on Monday, October 27th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, China Mengniu Dairy has an average rating of “Hold”.

About China Mengniu Dairy

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).