Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Increases By 62.8%

Japan Tobacco Inc. (OTCMKTS:JAPAF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,846,800 shares, a growth of 62.8% from the December 15th total of 1,134,700 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 1,420.6 days.

Japan Tobacco Stock Performance

Shares of OTCMKTS:JAPAF remained flat at $24.69 during midday trading on Friday. Japan Tobacco has a twelve month low of $24.69 and a twelve month high of $30.25. The stock’s 50 day moving average is $27.59 and its 200 day moving average is $27.88.

Japan Tobacco Company Profile

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 Business, and Processed Food Business. 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.