Short Interest in Ajinomoto Co., Inc. (OTCMKTS:AJINY) Rises By 235.7%

by · The Cerbat Gem

Ajinomoto Co., Inc. (OTCMKTS:AJINY – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 4,700 shares, an increase of 235.7% from the September 15th total of 1,400 shares. Based on an average daily trading volume, of 38,800 shares, the days-to-cover ratio is currently 0.1 days.

Ajinomoto Price Performance

Shares of Ajinomoto stock traded down $0.04 during trading hours on Thursday, reaching $39.12. The stock had a trading volume of 4,483 shares, compared to its average volume of 19,782. The stock’s 50 day moving average is $37.84 and its 200 day moving average is $37.46. The company has a current ratio of 1.42, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. Ajinomoto has a twelve month low of $34.28 and a twelve month high of $41.87. The firm has a market capitalization of $20.18 billion, a PE ratio of 33.15 and a beta of 0.08.

Ajinomoto (OTCMKTS:AJINY – Get Free Report) last released its quarterly earnings results on Monday, August 5th. The company reported $0.30 earnings per share for the quarter. Ajinomoto had a return on equity of 9.36% and a net margin of 5.72%. The company had revenue of $2.34 billion during the quarter.

Ajinomoto Company Profile

(Get Free Report)

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 flavored 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.

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