Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Increases By 25.4%

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 617,610 shares, an increase of 25.4% from the January 15th total of 492,471 shares. Based on an average daily volume of 1,221 shares, the short-interest ratio is presently 505.8 days. Based on an average daily volume of 1,221 shares, the short-interest ratio is presently 505.8 days.

Japan Tobacco Price Performance

Shares of OTCMKTS JAPAF opened at $39.75 on Tuesday. The stock’s 50-day moving average is $37.22 and its 200 day moving average is $35.02. Japan Tobacco has a 1-year low of $23.90 and a 1-year 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.