China Feihe Limited (OTCMKTS:CHFLF) Sees Large Drop in Short Interest

China Feihe Limited (OTCMKTS:CHFLF) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 9,812,200 shares, a decline of 20.4% from the January 31st total of 12,329,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

China Feihe Price Performance

Shares of OTCMKTS CHFLF opened at $0.70 on Wednesday. The business has a fifty day moving average of $0.64 and a two-hundred day moving average of $0.64. China Feihe has a 52-week low of $0.41 and a 52-week high of $0.83.

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.