Japan Tobacco Inc. (OTCMKTS:JAPAF) Short Interest Update

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 1,089,482 shares, a growth of 139.8% from the December 15th total of 454,341 shares. Based on an average daily volume of 4,567 shares, the days-to-cover ratio is presently 238.6 days. Based on an average daily volume of 4,567 shares, the days-to-cover ratio is presently 238.6 days.

Japan Tobacco Price Performance

JAPAF stock opened at $37.78 on Wednesday. The company’s 50 day moving average is $37.35 and its two-hundred day moving average is $33.75. Japan Tobacco has a twelve month low of $23.90 and a twelve month high of $39.79.

About Japan Tobacco

Japan Tobacco Inc is one of the world’s largest tobacco companies, headquartered in Tokyo, Japan, with American Depositary Receipts trading over the counter under the symbol JAPAF. The company’s core business centers on the manufacture, marketing and sale of tobacco products, which include cigarettes, cigars and smokeless tobacco. In recent years, Japan Tobacco has expanded its portfolio to include electronic nicotine delivery systems and heat-not-burn devices as part of its strategy to offer reduced-risk alternatives to traditional smoking.

Among its leading brands are Mevius (formerly Mild Seven), Winston and licensed varieties of Camel, alongside a range of imported premium offerings such as Natural American Spirit.