Kikkoman Co. (OTCMKTS:KIKOY) Short Interest Down 36.7% in December

Kikkoman Co. (OTCMKTS:KIKOY) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 647 shares, a decline of 36.7% from the November 30th total of 1,022 shares. Based on an average daily trading volume, of 231 shares, the days-to-cover ratio is presently 2.8 days. Based on an average daily trading volume, of 231 shares, the days-to-cover ratio is presently 2.8 days.

Kikkoman Stock Performance

KIKOY stock remained flat at $17.92 during midday trading on Tuesday. Kikkoman has a 1-year low of $15.73 and a 1-year high of $22.54. The business’s 50 day moving average price is $17.99 and its 200-day moving average price is $18.11.

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.