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

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 742,900 shares, a growth of 28.2% from the November 15th total of 579,400 shares. Based on an average daily trading volume, of 2,400 shares, the days-to-cover ratio is presently 309.5 days.

Japan Tobacco Stock Up 1.4 %

OTCMKTS JAPAF traded up $0.35 during trading hours on Friday, hitting $26.26. 400 shares of the company’s stock traded hands, compared to its average volume of 976. Japan Tobacco has a 52-week low of $24.93 and a 52-week high of $30.25. The firm’s 50-day moving average is $27.55 and its 200-day moving average is $27.97.

Japan Tobacco Company Profile

Japan Tobacco Inc, a tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally. The company operates through three segments: Tobacco Business, Pharmaceutical Business, and Processed Food Business. It offers tobacco products, such as cigarettes, heat-not-burn tobacco products, E-vapor products, fine cut tobacco products, cigars, pipes, smokeless tobacco products, and hookah and kretek products.