Kikkoman Co. (OTCMKTS:KIKOY) Short Interest Update
by Scott Moore · The Cerbat GemKikkoman Co. (OTCMKTS:KIKOY – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 537 shares, a growth of 1,148.8% from the April 30th total of 43 shares. Based on an average trading volume of 234 shares, the short-interest ratio is currently 2.3 days.
Kikkoman Stock Down 6.2%
KIKOY traded down $1.05 during trading on Wednesday, hitting $15.95. The company’s stock had a trading volume of 108 shares, compared to its average volume of 400. Kikkoman has a one year low of $15.73 and a one year high of $20.83. The business’s 50 day simple moving average is $18.49 and its 200-day simple moving average is $18.54.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Kikkoman to a “hold” rating in a research report on Thursday, April 9th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Kikkoman presently has a consensus rating of “Hold”.
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Kikkoman Company Profile
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.