Japan Tob (OTCMKTS:JAPAY) Short Interest Update

Japan Tob (OTCMKTS:JAPAY) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 513,772 shares, a growth of 1,526.3% from the December 31st total of 31,592 shares. Based on an average trading volume of 152,321 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 152,321 shares, the days-to-cover ratio is currently 3.4 days.

Japan Tob Price Performance

Japan Tob stock opened at $18.22 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.36 and a current ratio of 1.95. The company has a market cap of $64.70 billion, a price-to-earnings ratio of 20.02 and a beta of 0.35. Japan Tob has a 1 year low of $11.91 and a 1 year high of $19.51. The firm has a 50 day moving average price of $18.41 and a 200 day moving average price of $16.94.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on JAPAY shares. Barclays reissued an “underweight” rating and issued a $17.00 target price on shares of Japan Tob in a research note on Tuesday, November 25th. Zacks Research raised shares of Japan Tob from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $17.00.

Japan Tob Company Profile

Japan Tobacco Inc (OTC: JAPAY) is a Tokyo-based multinational company primarily engaged in the manufacture and sale of tobacco products. The company’s core activities include the development, production and distribution of cigarettes and other nicotine-delivery products for domestic and international markets. Japan Tobacco also pursues business activities beyond tobacco, including pharmaceutical and processed‑food operations through subsidiary units and strategic investments.

In its tobacco operations the company serves both the Japanese market and a broad international footprint through its global operating arm, Japan Tobacco International (JTI).