Ajinomoto Co. (OTCMKTS:AJINY) Short Interest Up 69.9% in September

Ajinomoto Co. (OTCMKTS:AJINY) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 26,500 shares, an increase of 69.9% from the August 31st total of 15,600 shares. Based on an average trading volume of 41,800 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 41,800 shares, the days-to-cover ratio is presently 0.6 days.

Ajinomoto Trading Up 0.2%

OTCMKTS AJINY opened at $28.33 on Monday. Ajinomoto has a 52 week low of $16.50 and a 52 week high of $30.49. The firm has a 50 day moving average of $27.86 and a two-hundred day moving average of $26.82. The company has a quick ratio of 0.93, a current ratio of 1.59 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $28.23 billion, a PE ratio of 47.21 and a beta of 0.56.

Ajinomoto (OTCMKTS:AJINY) last announced its quarterly earnings data on Monday, August 4th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.69 billion.

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.