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

Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 42,700 shares, an increase of 102.4% from the October 31st total of 21,100 shares. Based on an average daily volume of 62,300 shares, the short-interest ratio is presently 0.7 days.

Ajinomoto Price Performance

Shares of AJINY traded up $0.80 during mid-day trading on Thursday, reaching $41.12. The company had a trading volume of 32,415 shares, compared to its average volume of 20,937. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.84 and a current ratio of 1.42. The company has a market capitalization of $20.90 billion, a price-to-earnings ratio of 34.55 and a beta of 0.09. Ajinomoto has a 1-year low of $34.28 and a 1-year high of $41.87. The company's 50 day simple moving average is $38.96 and its 200 day simple moving average is $38.02.

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.