Japan Tobacco Inc. (OTCMKTS:JAPAY) Sees Large Increase in Short Interest

Japan Tobacco Inc. (OTCMKTS:JAPAY) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 15,700 shares, an increase of 42.7% from the March 15th total of 11,000 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 71,600 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Japan Tobacco from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 24th.

Japan Tobacco Trading Up 1.6 %

OTCMKTS:JAPAY opened at $14.94 on Friday. The company has a current ratio of 1.89, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of $13.32 and a two-hundred day simple moving average of $13.36. The stock has a market capitalization of $53.05 billion, a price-to-earnings ratio of 17.17 and a beta of 0.36. Japan Tobacco has a 12 month low of $11.91 and a 12 month high of $14.99.

Japan Tobacco (OTCMKTS:JAPAY) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.04 EPS for the quarter. Japan Tobacco had a return on equity of 11.11% and a net margin of 14.74%. The firm had revenue of $4.97 billion during the quarter.

About Japan Tobacco

Japan Tobacco Inc, a tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally. The company operates through three segments: Tobacco Business, Pharmaceutical, and Processed Food. It offers tobacco products, such as cigarettes, heat-not-burn tobacco products, E-vapor products, fine cut tobacco products, cigars, pipes, smokeless tobacco products, and hookah and kretek products.