Short Interest in Ajinomoto Co., Inc. (OTCMKTS:AJINY) Grows By 2,600.0%

Ajinomoto Co., Inc. (OTCMKTS:AJINY) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 2,700 shares, an increase of 2,600.0% from the February 28th total of 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 32,200 shares, the days-to-cover ratio is currently 0.1 days.

Ajinomoto Trading Down 1.6 %

AJINY traded down $0.65 during trading on Wednesday, hitting $40.02. The company’s stock had a trading volume of 13,318 shares, compared to its average volume of 18,078. The firm has a market capitalization of $20.34 billion, a P/E ratio of 33.35 and a beta of 0.14. Ajinomoto has a twelve month low of $34.28 and a twelve month high of $44.84. The company has a quick ratio of 1.16, a current ratio of 1.93 and a debt-to-equity ratio of 0.50. The stock’s fifty day moving average price is $40.61 and its 200-day moving average price is $40.11.

Ajinomoto (OTCMKTS:AJINY) last posted its quarterly earnings results on Monday, February 3rd. The company reported $0.42 EPS for the quarter. Ajinomoto had a net margin of 6.02% and a return on equity of 10.45%.

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.