China Feihe Limited (OTCMKTS:CFEIY – Get Free Report) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totalling 300 shares, a drop of 85.0% from the September 30th total of 2,000 shares. Based on an average daily trading volume, of 500 shares, the short-interest ratio is currently 0.6 days.
China Feihe Stock Performance
Shares of CFEIY stock remained flat at $7.49 during trading hours on Friday. The firm has a 50-day moving average of $6.14 and a two-hundred day moving average of $5.34. China Feihe has a fifty-two week low of $4.24 and a fifty-two week high of $7.50.
China Feihe Increases Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, October 15th. Investors of record on Thursday, September 19th were issued a $0.1675 dividend. The ex-dividend date of this dividend was Thursday, September 19th. This is a boost from China Feihe’s previous dividend of $0.15.
About China Feihe
China Feihe Limited, an investment holding company, produces and sells infant milk formula products in Mainland China, Canada, and the United States. It operates through two segments, Raw milk; and Dairy Products and Nutritional Supplements Products. The company provides a range of raw milk, adult milk powders, children's milk powder, liquid milk products, maternity milk powder, and health care products, as well as soybean powder and goat milk powder.
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