Kikkoman Co. (OTCMKTS:KIKOY) Short Interest Update

Kikkoman Co. (OTCMKTS:KIKOY) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 349 shares, an increase of 4,262.5% from the May 31st total of 8 shares. Based on an average daily trading volume, of 579 shares, the short-interest ratio is presently 0.6 days.

Analyst Ratings Changes

Separately, Zacks Research downgraded Kikkoman from a “hold” rating to a “strong sell” rating in a report on Monday, June 15th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

Kikkoman Stock Down 5.9%

Shares of OTCMKTS:KIKOY opened at $20.27 on Friday. Kikkoman has a one year low of $15.73 and a one year high of $21.55. The company has a 50-day simple moving average of $18.98 and a 200-day simple moving average of $18.65.

About Kikkoman

Kikkoman Corporation (OTCMKTS:KIKOY) is a Japan-based food manufacturer best known for its soy sauce and related seasonings. Headquartered in Noda, Chiba Prefecture, the company traces its roots to family-operated soy sauce brewing in the early 1600s and formalized its corporate structure in 1917. Over the decades, Kikkoman has expanded its portfolio to include a wide range of sauces, marinades, dressings, and cooking wines, combining traditional fermentation techniques with modern production methods.

The company’s flagship product remains naturally brewed soy sauce, made from soybeans, wheat, salt and water through a fermentation process that can take several months.