Short Interest in Ajinomoto Co., Inc. (OTCMKTS:AJINY) Decreases By 37.8%

Ajinomoto Co., Inc. (OTCMKTS:AJINY) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 21,100 shares, a decrease of 37.8% from the October 15th total of 33,900 shares. Based on an average trading volume of 42,800 shares, the days-to-cover ratio is currently 0.5 days.

Ajinomoto Price Performance

AJINY opened at $39.42 on Thursday. The firm has a market cap of $20.04 billion, a price-to-earnings ratio of 33.13 and a beta of 0.09. Ajinomoto has a fifty-two week low of $34.28 and a fifty-two week high of $41.87. The company’s 50-day moving average price is $38.46 and its 200 day moving average price is $37.84. The company has a quick ratio of 0.84, a current ratio of 1.42 and a debt-to-equity ratio of 0.29.

Ajinomoto Company Profile

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.