Japan Tob (OTCMKTS:JAPAY) Short Interest Update

Japan Tob (OTCMKTS:JAPAY) was the recipient of a large growth in short interest in the month of 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. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 152,321 shares, the days-to-cover ratio is currently 3.4 days. Based on an average daily volume of 152,321 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on JAPAY. Barclays reiterated an “underweight” rating and set 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 analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $17.00.

Japan Tob Stock Performance

Shares of OTCMKTS JAPAY traded up $0.16 during midday trading on Tuesday, hitting $18.22. The company’s stock had a trading volume of 51,521 shares, compared to its average volume of 70,575. The firm has a market capitalization of $64.70 billion, a price-to-earnings ratio of 20.02 and a beta of 0.35. The company has a current ratio of 1.95, a quick ratio of 1.36 and a debt-to-equity ratio of 0.37. The stock has a fifty day moving average price of $18.41 and a 200 day moving average price of $16.94. Japan Tob has a one year low of $11.91 and a one year high of $19.51.

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).