Ajinomoto Co., Inc. (OTCMKTS:AJINY) Short Interest Up 398.0% in May

Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report) was the recipient of a large increase in short interest in May. As of May 31st, there was short interest totalling 24,400 shares, an increase of 398.0% from the May 15th total of 4,900 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 47,200 shares, the short-interest ratio is presently 0.5 days.

Analysts Set New Price Targets

AJINY has been the topic of several recent analyst reports. CLSA raised Ajinomoto to a "strong-buy" rating in a report on Wednesday, May 28th. Nomura Securities upgraded shares of Ajinomoto to a "hold" rating in a research report on Tuesday, May 27th. Finally, Citigroup raised Ajinomoto to a "strong-buy" rating in a research note on Friday, April 4th.

Ajinomoto Price Performance

AJINY traded up $0.24 during midday trading on Thursday, hitting $25.35. The stock had a trading volume of 15,534 shares, compared to its average volume of 48,491. Ajinomoto has a 1 year low of $16.50 and a 1 year high of $25.84. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.16 and a current ratio of 1.93. The business has a fifty day moving average of $22.90 and a 200 day moving average of $34.67. The company has a market cap of $25.26 billion, a P/E ratio of 21.12 and a beta of 0.52.

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.