Kikkoman Co. (OTCMKTS:KIKOY) Short Interest Update
by Renee Jackson · The Cerbat GemKikkoman Co. (OTCMKTS:KIKOY – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 349 shares, a growth of 4,262.5% from the May 31st total of 8 shares. Based on an average trading volume of 579 shares, the days-to-cover ratio is presently 0.6 days.
Analyst Upgrades and Downgrades
Separately, Zacks Research cut Kikkoman from a “hold” rating to a “strong sell” rating in a report on Monday, June 15th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Kikkoman presently has an average rating of “Sell”.
Get Our Latest Report on Kikkoman
Kikkoman Stock Down 5.9%
OTCMKTS KIKOY traded down $1.27 on Thursday, hitting $20.27. 325 shares of the company were exchanged, compared to its average volume of 461. Kikkoman has a 1-year low of $15.73 and a 1-year high of $21.55. The firm has a 50 day moving average of $18.98 and a two-hundred day moving average of $18.65.
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.