Short Interest in China Mengniu Dairy (OTCMKTS:CIADY) Rises By 25.0%

China Mengniu Dairy (OTCMKTS:CIADY) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 500 shares, an increase of 25.0% from the June 30th total of 400 shares. Based on an average trading volume of 11,400 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

China Mengniu Dairy Trading Down 0.4%

China Mengniu Dairy stock opened at $21.29 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.97 and a quick ratio of 0.83. China Mengniu Dairy has a fifty-two week low of $15.06 and a fifty-two week high of $29.00. The firm has a fifty day moving average price of $21.53 and a two-hundred day moving average price of $22.43.

China Mengniu Dairy Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 11th. Shareholders of record on Wednesday, June 18th were given a dividend of $0.6371 per share. This is a positive change from China Mengniu Dairy’s previous dividend of $0.61. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a yield of 2.88%.

China Mengniu Dairy Company Profile

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.