Ajinomoto Co. (OTCMKTS:AJINY) Short Interest Update

Ajinomoto Co. (OTCMKTS:AJINY) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 15,600 shares, a growth of 271.4% from the August 15th total of 4,200 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AJINY. CLSA raised shares of Ajinomoto to a “strong-buy” rating in a research note on Wednesday, May 28th. Nomura Securities raised shares of Ajinomoto to a “hold” rating in a research note on Tuesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Ajinomoto Trading Down 1.2%

AJINY stock opened at $28.83 on Friday. The company has a market capitalization of $28.73 billion, a PE ratio of 48.05 and a beta of 0.52. Ajinomoto has a one year low of $16.50 and a one year high of $30.20. The company’s 50 day moving average price is $27.27 and its two-hundred day moving average price is $28.26. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.93 and a current ratio of 1.59.

Ajinomoto (OTCMKTS:AJINY) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.21 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.69 billion. Ajinomoto had a net margin of 6.02% and a return on equity of 10.45%.

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.