Japan Tobacco Inc. (OTCMKTS:JAPAF – Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 492,471 shares, a decrease of 54.8% from the December 31st total of 1,089,482 shares. Based on an average daily volume of 19 shares, the short-interest ratio is presently 25,919.5 days. Based on an average daily volume of 19 shares, the short-interest ratio is presently 25,919.5 days.
Japan Tobacco Stock Up 0.6%
Shares of OTCMKTS:JAPAF traded up $0.23 during trading on Thursday, hitting $38.00. 5,030 shares of the company were exchanged, compared to its average volume of 922. Japan Tobacco has a fifty-two week low of $23.90 and a fifty-two week high of $39.79. The firm has a fifty day moving average price of $37.37 and a two-hundred day moving average price of $34.22.
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.
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