Ajinomoto Co., Inc. (OTCMKTS:AJINY) Short Interest Up 621.3% in October

Ajinomoto Co., Inc. (OTCMKTS:AJINY) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 33,900 shares, a growth of 621.3% from the September 30th total of 4,700 shares. Based on an average daily volume of 34,500 shares, the short-interest ratio is presently 1.0 days.

Ajinomoto Price Performance

OTCMKTS AJINY traded up $0.33 on Friday, hitting $37.35. 13,357 shares of the company were exchanged, compared to its average volume of 19,937. The company has a market cap of $19.26 billion, a P/E ratio of 31.65 and a beta of 0.08. Ajinomoto has a 1-year low of $34.28 and a 1-year high of $41.87. The firm has a 50 day moving average of $38.15 and a two-hundred day moving average of $37.57. 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 (OTCMKTS:AJINY) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.30 earnings per share for the quarter. The business had revenue of $2.34 billion for the quarter. Ajinomoto had a return on equity of 9.36% and a net margin of 5.72%.

About Ajinomoto

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.