Ajinomoto Co. (OTCMKTS:AJINY) Sees Significant Increase in Short Interest

Ajinomoto Co. (OTCMKTS:AJINY) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 40,921 shares, an increase of 63.0% from the January 15th total of 25,106 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 127,185 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 127,185 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Ajinomoto Stock Performance

Shares of OTCMKTS AJINY opened at $29.15 on Friday. The company has a market capitalization of $28.50 billion, a PE ratio of 35.12 and a beta of 0.54. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.88 and a current ratio of 1.62. The company’s fifty day moving average price is $22.65 and its 200 day moving average price is $25.39. Ajinomoto has a 1 year low of $16.50 and a 1 year high of $30.49.

Ajinomoto Company Profile

Ajinomoto Co, Inc is a Tokyo-based multinational food and chemical company best known for commercializing monosodium glutamate (MSG) after Professor Kikunae Ikeda identified the flavor enhancer associated with umami in the early 20th century; the company was founded in 1909. Over more than a century it has grown from its seasoning roots into a diversified group that develops, manufactures and markets food products, seasonings and ingredient solutions for both retail and foodservice customers.

Today Ajinomoto’s activities span prepared and frozen foods, retail seasonings and condiments, and a broad range of amino acid-based products and specialty chemicals.