Japan Tobacco Inc. (OTCMKTS:JAPAY) Sees Large Drop in Short Interest

Japan Tobacco Inc. (OTCMKTS:JAPAY) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 15,800 shares, a decrease of 77.3% from the December 15th total of 69,500 shares. Based on an average trading volume of 185,000 shares, the short-interest ratio is presently 0.1 days.

Japan Tobacco Stock Performance

Shares of Japan Tobacco stock traded down $0.28 during trading hours on Monday, hitting $12.36. 146,808 shares of the company were exchanged, compared to its average volume of 126,873. The company has a current ratio of 2.00, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24. The business has a 50-day moving average of $13.39 and a 200-day moving average of $13.83. Japan Tobacco has a 1 year low of $12.02 and a 1 year high of $14.99. The stock has a market capitalization of $43.86 billion, a price-to-earnings ratio of 13.58 and a beta of 0.46.

Japan Tobacco (OTCMKTS:JAPAY) last released its earnings results on Thursday, October 31st. The company reported $0.26 EPS for the quarter. The company had revenue of $5.53 billion during the quarter. Japan Tobacco had a net margin of 15.64% and a return on equity of 11.44%.

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, and Processed Food. 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.