China Mengniu Dairy (OTCMKTS:CIADY) Short Interest Down 75.0% in August

by · The Cerbat Gem

China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) saw a significant decline in short interest during the month of August. As of August 15th, there was short interest totaling 200 shares, adeclineof75.0% from the July 31st total of 800 shares. Based on an average daily volume of 4,900 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 4,900 shares, the short-interest ratio is presently 0.0 days.

China Mengniu Dairy Price Performance

OTCMKTS:CIADY opened at $19.01 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.83 and a current ratio of 0.97. The stock’s 50-day moving average is $20.82 and its 200-day moving average is $22.59. China Mengniu Dairy has a 1-year low of $15.64 and a 1-year high of $29.00.

China Mengniu Dairy Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 11th. Stockholders of record on Wednesday, June 18th were given a dividend of $0.6371 per share. The ex-dividend date of this dividend was Tuesday, June 17th. This is a positive change from China Mengniu Dairy’s previous dividend of $0.61. This represents a dividend yield of 288.0%.

About China Mengniu Dairy

(Get Free Report)

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.

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