Ajinomoto Co., Inc. (OTCMKTS:AJINY) Sees Large Increase in Short Interest

Ajinomoto Co., Inc. (OTCMKTS:AJINYGet Free Report) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 42,700 shares, a growth of 102.4% from the October 31st total of 21,100 shares. Based on an average daily volume of 62,300 shares, the days-to-cover ratio is currently 0.7 days.

Ajinomoto Price Performance

OTCMKTS AJINY traded up $0.80 on Friday, reaching $41.12. 32,415 shares of the company’s stock traded hands, compared to its average volume of 31,292. The stock has a market cap of $20.90 billion, a PE ratio of 34.56 and a beta of 0.09. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.11 and a quick ratio of 0.84. Ajinomoto has a 12 month low of $34.28 and a 12 month high of $41.87. The stock has a 50-day simple moving average of $39.03 and a 200 day simple moving average of $38.04.

About Ajinomoto

(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 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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