Ajinomoto Co., Inc. (OTCMKTS:AJINY) Short Interest Down 30.5% in December

Ajinomoto Co., Inc. (OTCMKTS:AJINY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 5,700 shares, a decline of 30.5% from the December 15th total of 8,200 shares. Based on an average daily trading volume, of 29,900 shares, the days-to-cover ratio is currently 0.2 days.

Ajinomoto Price Performance

Ajinomoto stock traded down $0.52 during mid-day trading on Friday, hitting $39.94. 47,788 shares of the company were exchanged, compared to its average volume of 12,773. The company has a market capitalization of $20.30 billion, a PE ratio of 33.56 and a beta of 0.14. Ajinomoto has a 1-year low of $34.28 and a 1-year high of $44.84. The company has a quick ratio of 1.20, a current ratio of 2.11 and a debt-to-equity ratio of 0.53. The business has a fifty day moving average of $41.19 and a 200 day moving average of $39.17.

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.