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

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 771,700 shares, a growth of 89.7% from the August 31st total of 406,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 7,717.0 days.

Japan Tobacco Stock Down 4.9 %

Shares of JAPAF traded down $1.49 during mid-day trading on Friday, hitting $28.76. 12 shares of the company’s stock were exchanged, compared to its average volume of 1,046. Japan Tobacco has a fifty-two week low of $22.11 and a fifty-two week high of $30.25. The stock’s 50-day moving average is $28.11 and its 200-day moving average is $27.62.

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.