Short Interest in British American Tobacco p.l.c. (OTCMKTS:BTAFF) Rises By 29.7%

British American Tobacco p.l.c. (OTCMKTS:BTAFF) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 212,581 shares, an increase of 29.7% from the December 31st total of 163,913 shares. Based on an average daily trading volume, of 2,643 shares, the days-to-cover ratio is currently 80.4 days. Based on an average daily trading volume, of 2,643 shares, the days-to-cover ratio is currently 80.4 days.

British American Tobacco Trading Down 0.8%

Shares of British American Tobacco stock opened at $60.39 on Wednesday. The firm has a 50-day simple moving average of $57.59 and a two-hundred day simple moving average of $55.82. British American Tobacco has a fifty-two week low of $37.10 and a fifty-two week high of $64.41.

About British American Tobacco

British American Tobacco plc (OTCMKTS:BTAFF) is a global consumer goods company primarily engaged in the manufacturing and sale of tobacco and nicotine products. Founded in 1902 through the merger of the Imperial Tobacco Company and the American Tobacco Company’s international operations, the firm is headquartered in London, England. Over more than a century, the company has grown into one of the world’s leading tobacco producers, known for its extensive brand portfolio and international distribution network.

The company’s core business encompasses the production and marketing of cigarettes, including signature brands such as Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans.