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

Ajinomoto Co., Inc. (OTCMKTS:AJINY) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 4,900 shares, a decline of 88.5% from the November 15th total of 42,700 shares. Based on an average daily trading volume, of 59,300 shares, the days-to-cover ratio is currently 0.1 days.

Ajinomoto Stock Down 0.3 %

OTCMKTS AJINY traded down $0.11 on Wednesday, reaching $43.22. The company had a trading volume of 15,784 shares, compared to its average volume of 20,683. The company’s fifty day moving average is $39.75 and its 200-day moving average is $38.29. Ajinomoto has a 1-year low of $34.28 and a 1-year high of $44.84. The firm has a market capitalization of $21.97 billion, a price-to-earnings ratio of 36.32 and a beta of 0.12. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 2.11.

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.