Ajinomoto Co., Inc. (OTCMKTS:AJINY) Short Interest Up 621.3% in October

Ajinomoto Co., Inc. (OTCMKTS:AJINY) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 33,900 shares, a growth of 621.3% from the September 30th total of 4,700 shares. Based on an average trading volume of 34,500 shares, the days-to-cover ratio is presently 1.0 days.

Ajinomoto Stock Performance

Ajinomoto stock opened at $37.19 on Friday. Ajinomoto has a 1-year low of $34.28 and a 1-year high of $41.87. 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 capitalization of $19.18 billion, a PE ratio of 31.52 and a beta of 0.08. The firm’s 50 day simple moving average is $38.15 and its 200 day simple moving average is $37.57.

Ajinomoto (OTCMKTS:AJINY) last released its quarterly earnings results on Monday, August 5th. The company reported $0.30 earnings per share for the quarter. The firm had revenue of $2.34 billion for the quarter. Ajinomoto had a net margin of 5.72% and a return on equity of 9.36%.

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.