China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Up 197.9% in May

China Mengniu Dairy (OTCMKTS:CIADY) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,296 shares, an increase of 197.9% from the May 14th total of 435 shares. Based on an average daily trading volume, of 8,843 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

China Mengniu Dairy Stock Performance

Shares of CIADY stock opened at $21.15 on Friday. China Mengniu Dairy has a fifty-two week low of $17.81 and a fifty-two week high of $24.05. The business has a fifty day simple moving average of $21.75 and a 200-day simple moving average of $20.77. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.87 and a current ratio of 1.00.

China Mengniu Dairy Company Profile

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).