Short Interest in Ajinomoto Co. (OTCMKTS:AJINY) Grows By 63.0%

Ajinomoto Co. (OTCMKTS:AJINY) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 40,921 shares, a growth of 63.0% from the January 15th total of 25,106 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 127,185 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 127,185 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Ajinomoto Trading Up 3.0%

OTCMKTS:AJINY opened at $29.15 on Monday. The company has a quick ratio of 0.88, a current ratio of 1.62 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $28.50 billion, a PE ratio of 35.12 and a beta of 0.54. The stock has a fifty day simple moving average of $22.65 and a 200-day simple moving average of $25.39. Ajinomoto has a 52-week low of $16.50 and a 52-week high of $30.49.

Ajinomoto Company Profile

Ajinomoto Co, Inc is a Tokyo-based multinational food and chemical company best known for commercializing monosodium glutamate (MSG) after Professor Kikunae Ikeda identified the flavor enhancer associated with umami in the early 20th century; the company was founded in 1909. Over more than a century it has grown from its seasoning roots into a diversified group that develops, manufactures and markets food products, seasonings and ingredient solutions for both retail and foodservice customers.

Today Ajinomoto’s activities span prepared and frozen foods, retail seasonings and condiments, and a broad range of amino acid-based products and specialty chemicals.