British American Tobacco p.l.c. (OTCMKTS:BTAFF) Sees Large Growth in Short Interest

British American Tobacco p.l.c. (OTCMKTS:BTAFF) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 376,713 shares, an increase of 186.2% from the April 15th total of 131,637 shares. Based on an average trading volume of 3,768 shares, the days-to-cover ratio is presently 100.0 days.

British American Tobacco Stock Down 4.6%

OTCMKTS:BTAFF traded down $3.19 on Friday, reaching $66.30. 9,482 shares of the stock traded hands, compared to its average volume of 17,346. British American Tobacco has a 12 month low of $41.67 and a 12 month high of $69.57. The company’s fifty day simple moving average is $59.41 and its 200 day simple moving average is $58.38.

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.