The a2 Milk Company Limited (OTCMKTS:ACOPF) Sees Significant Decline in Short Interest

The a2 Milk Company Limited (OTCMKTS:ACOPF) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 57,600 shares, a drop of 31.4% from the January 15th total of 84,000 shares. Based on an average daily volume of 2,500 shares, the days-to-cover ratio is currently 23.0 days.

a2 Milk Price Performance

Shares of OTCMKTS ACOPF opened at $3.40 on Friday. a2 Milk has a 12 month low of $2.90 and a 12 month high of $4.89. The firm’s 50 day simple moving average is $3.59 and its 200-day simple moving average is $3.72.

About a2 Milk

The a2 Milk Company Limited, together with its subsidiaries, sells A2 protein type branded milk and related products in Australia, New Zealand, China, other Asian countries, and the United States. The company also engages in the manufacturing and sale of nutritional and commodity products. It offers its products under the a2 Milk and a2 Platinum brands.