Japan Tobacco Inc. (OTCMKTS:JAPAF – Get Free Report) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 617,610 shares, a growth of 25.4% from the January 15th total of 492,471 shares. Based on an average daily trading volume, of 1,221 shares, the short-interest ratio is currently 505.8 days. Based on an average daily trading volume, of 1,221 shares, the short-interest ratio is currently 505.8 days.
Japan Tobacco Stock Performance
Shares of OTCMKTS JAPAF remained flat at $39.75 during mid-day trading on Monday. The business has a 50-day moving average of $37.16 and a two-hundred day moving average of $34.95. Japan Tobacco has a 12-month low of $23.90 and a 12-month high of $39.79.
Japan Tobacco Company Profile
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.
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