Short Interest in Ajinomoto Co., Inc. (OTCMKTS:AJINY) Increases By 2,307.4%

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

Analyst Upgrades and Downgrades

Separately, Citigroup upgraded shares of Ajinomoto to a "strong-buy" rating in a research note on Friday, April 4th.

Ajinomoto Price Performance

Shares of OTCMKTS:AJINY traded up $0.05 during trading on Tuesday, hitting $20.39. 27,947 shares of the company's stock were exchanged, compared to its average volume of 55,909. The company has a market cap of $20.32 billion, a price-to-earnings ratio of 16.99 and a beta of 0.32. The business's 50-day simple moving average is $34.18 and its 200 day simple moving average is $38.25. Ajinomoto has a 52-week low of $16.50 and a 52-week high of $22.42. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.93 and a quick ratio of 1.16.

Ajinomoto (OTCMKTS:AJINY - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The company reported $0.42 EPS for the quarter. Ajinomoto had a return on equity of 10.45% and a net margin of 6.02%.

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.