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

Ajinomoto Co., Inc. (OTCMKTS:AJINY) was the target 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 trading volume, of 62,300 shares, the short-interest ratio is currently 0.7 days.

Ajinomoto Trading Up 2.0 %

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

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.