Kikkoman Co. (OTCMKTS:KIKOY – Get Free Report) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 608 shares, a growth of 74.2% from the June 15th total of 349 shares. Based on an average daily trading volume, of 89 shares, the short-interest ratio is presently 6.8 days.
Kikkoman Price Performance
OTCMKTS KIKOY opened at $19.65 on Friday. The stock has a 50-day moving average of $19.38 and a 200 day moving average of $18.90. Kikkoman has a twelve month low of $15.73 and a twelve month high of $21.55.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut shares of Kikkoman from a “hold” rating to a “strong sell” rating in a report on Monday, June 15th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Kikkoman has an average rating of “Sell”.
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.
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