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

Ajinomoto Co., Inc. (OTCMKTS:AJINY) was the recipient of a significant 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

AJINY opened at $41.12 on Thursday. The company’s 50-day simple moving average is $38.89 and its two-hundred day simple moving average is $38.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.42. The stock has a market capitalization of $20.90 billion, a P/E ratio of 33.88 and a beta of 0.09. Ajinomoto has a 52-week low of $34.28 and a 52-week high of $41.87.

Ajinomoto Company Profile

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.