Kikkoman Co. (OTCMKTS:KIKOY) Short Interest Update

Kikkoman Co. (OTCMKTS:KIKOY) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 349 shares, a growth of 4,262.5% from the May 31st total of 8 shares. Based on an average daily volume of 579 shares, the short-interest ratio is currently 0.6 days.

Kikkoman Price Performance

KIKOY stock traded down $1.27 during midday trading on Thursday, reaching $20.27. The stock had a trading volume of 325 shares, compared to its average volume of 461. Kikkoman has a twelve month low of $15.73 and a twelve month high of $21.55. The business has a fifty day simple moving average of $18.98 and a two-hundred day simple moving average of $18.65.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Kikkoman from a “hold” rating to a “strong sell” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Kikkoman Company Profile

Kikkoman Corporation (OTCMKTS:KIKOY) is a Japan-based food manufacturer best known for its soy sauce and related seasonings. Headquartered in Noda, Chiba Prefecture, the company traces its roots to family-operated soy sauce brewing in the early 1600s and formalized its corporate structure in 1917. Over the decades, Kikkoman has expanded its portfolio to include a wide range of sauces, marinades, dressings, and cooking wines, combining traditional fermentation techniques with modern production methods.

The company’s flagship product remains naturally brewed soy sauce, made from soybeans, wheat, salt and water through a fermentation process that can take several months.