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

Ajinomoto Co., Inc. (OTCMKTS:AJINY) was the recipient of a significant drop in short interest in the month of August. As of August 15th, there was short interest totalling 3,100 shares, a drop of 88.8% from the July 31st total of 27,600 shares. Based on an average daily trading volume, of 67,700 shares, the short-interest ratio is currently 0.0 days.

Ajinomoto Stock Down 0.7 %

Shares of Ajinomoto stock traded down $0.26 during trading on Thursday, hitting $38.30. 11,471 shares of the stock traded hands, compared to its average volume of 20,061. The stock’s fifty day simple moving average is $37.56 and its 200 day simple moving average is $37.32. Ajinomoto has a 52-week low of $34.28 and a 52-week high of $42.71. The company has a current ratio of 1.42, a quick ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm has a market cap of $19.75 billion, a P/E ratio of 32.46 and a beta of 0.09.

Ajinomoto (OTCMKTS:AJINY) last posted its earnings results on Monday, August 5th. The company reported $0.30 earnings per share (EPS) for the quarter. Ajinomoto had a return on equity of 10.02% and a net margin of 6.09%. The company had revenue of $2.34 billion for the quarter.

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 flavored 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.