Ajinomoto Co., Inc. (OTCMKTS:AJINY) Sees Significant Drop in Short Interest

Ajinomoto Co., Inc. (OTCMKTS:AJINY) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,100 shares, a decline of 64.5% from the August 15th total of 3,100 shares. Based on an average daily trading volume, of 24,200 shares, the days-to-cover ratio is presently 0.0 days.

Ajinomoto Price Performance

AJINY opened at $37.35 on Friday. The firm has a market cap of $19.26 billion, a PE ratio of 31.65 and a beta of 0.08. The stock has a 50-day moving average price of $38.11 and a 200-day moving average price of $37.27. Ajinomoto has a 1 year low of $34.28 and a 1 year high of $41.87. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.42 and a quick ratio of 0.84.

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

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 flavored 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.