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

Ajinomoto Co., Inc. (OTCMKTS:AJINY) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 65,000 shares, an increase of 2,307.4% from the March 31st total of 2,700 shares. Based on an average daily trading volume, of 282,800 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Citigroup raised Ajinomoto to a “strong-buy” rating in a report on Friday, April 4th.

Ajinomoto Stock Down 0.8 %

AJINY opened at $19.90 on Monday. Ajinomoto has a 1-year low of $16.50 and a 1-year high of $22.42. The stock’s fifty day simple moving average is $34.58 and its 200 day simple moving average is $38.38. The company has a current ratio of 1.93, a quick ratio of 1.16 and a debt-to-equity ratio of 0.50. The stock has a market cap of $19.83 billion, a PE ratio of 16.58 and a beta of 0.32.

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

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.