Japan Tobacco Inc. (OTCMKTS:JAPAF) Sees Significant Decrease in Short Interest

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the target of a significant decrease in short interest in 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 trading volume, of 19 shares, the days-to-cover ratio is currently 25,919.5 days. Based on an average daily trading volume, of 19 shares, the days-to-cover ratio is currently 25,919.5 days.

Japan Tobacco Stock Up 0.6%

JAPAF stock opened at $38.00 on Friday. The business’s 50-day moving average price is $37.36 and its 200-day moving average price is $34.24. Japan Tobacco has a twelve month low of $23.90 and a twelve month high of $39.79.

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.