Short Interest in Ajinomoto Co., Inc. (OTCMKTS:AJINY) Grows By 291.2%

Ajinomoto Co., Inc. (OTCMKTS:AJINY) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 22,300 shares, an increase of 291.2% from the December 31st total of 5,700 shares. Based on an average daily trading volume, of 35,300 shares, the days-to-cover ratio is currently 0.6 days.

Ajinomoto Price Performance

Shares of AJINY stock traded down $0.62 during trading hours on Friday, reaching $40.08. The stock had a trading volume of 9,383 shares, compared to its average volume of 17,938. The stock’s fifty day simple moving average is $41.13 and its 200 day simple moving average is $39.38. The firm has a market capitalization of $20.37 billion, a PE ratio of 33.68 and a beta of 0.14. Ajinomoto has a 12 month low of $34.28 and a 12 month high of $44.84. The company has a current ratio of 2.11, a quick ratio of 1.20 and a debt-to-equity ratio of 0.53.

Ajinomoto (OTCMKTS:AJINY) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.35 EPS for the quarter. Ajinomoto had a net margin of 6.07% and a return on equity of 10.40%. The firm had revenue of $2.55 billion during the quarter.

About Ajinomoto

Ajinomoto Co, Inc engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally. The Seasonings and Foods segment offers sauces and seasoning products under the AJI-NO-MOTO, HON-DASHI, Cook Do, Ajinomoto KK Consommé, Pure Select Mayonnaise, Ros Dee, Masako, Aji-ngon, Sazón, Sajiku, and CRISPY FRY names; and solutions and ingredients for foodservice and processed food manufacturers, processed foods, and restaurants, as well as industrial, retail, and other applications.