Ajinomoto Co. (OTCMKTS:AJINY) Short Interest Update

Key Points

• Ajinomoto Co. saw a significant increase in short interest, with shares totaling 20,700 as of July 31st, marking a 36.2% rise from the previous total.
• The company has an average rating of "Buy" from analysts, with CLSA upgrading it to a "strong-buy" and Nomura Securities rating it as a "hold."
• Ajinomoto's stock performance has been mixed, with a 12-month high of $28.23 and a low of $16.50, currently trading at $27.50.

Ajinomoto Co. (OTCMKTS:AJINY - Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 20,700 shares, anincreaseof36.2% from the July 15th total of 15,200 shares. Based on an average daily volume of 50,800 shares, the short-interest ratio is presently 0.4 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average daily volume of 50,800 shares, the short-interest ratio is presently 0.4 days.

Ajinomoto Trading Up 2.5%

AJINY traded up $0.66 during midday trading on Friday, reaching $27.57. 23,674 shares of the company's stock traded hands, compared to its average volume of 22,655. The firm has a fifty day moving average of $26.69 and a two-hundred day moving average of $29.58. The stock has a market capitalization of $27.48 billion, a price-to-earnings ratio of 45.95 and a beta of 0.52. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.59 and a quick ratio of 1.08. Ajinomoto has a 52 week low of $16.50 and a 52 week high of $28.2299.

Wall Street Analyst Weigh In

AJINY has been the subject of several research analyst reports. Nomura Securities raised Ajinomoto to a "hold" rating in a research note on Tuesday, May 27th. CLSA raised Ajinomoto to a "strong-buy" rating in a research note on Wednesday, May 28th. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy".

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.