Ajinomoto Co., Inc. (OTCMKTS:AJINY) Short Interest Up 44.1% in May

Ajinomoto Co., Inc. (OTCMKTS:AJINY - Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totalling 4,900 shares, a growth of 44.1% from the April 30th total of 3,400 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 80,000 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on AJINY shares. CLSA upgraded Ajinomoto to a "strong-buy" rating in a research report on Wednesday. Nomura Securities raised Ajinomoto to a "hold" rating in a research note on Tuesday, May 27th. Finally, Citigroup upgraded Ajinomoto to a "strong-buy" rating in a report on Friday, April 4th.

Ajinomoto Trading Down 0.5%

AJINY stock traded down $0.13 during trading on Friday, reaching $24.87. 14,924 shares of the stock were exchanged, compared to its average volume of 50,748. The company has a current ratio of 1.93, a quick ratio of 1.16 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $24.79 billion, a price-to-earnings ratio of 20.73 and a beta of 0.43. The business has a 50 day moving average price of $25.47 and a 200-day moving average price of $35.54. Ajinomoto has a 1 year low of $16.50 and a 1 year high of $25.69.

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.