Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Grows By 139.8%

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 1,089,482 shares, an increase of 139.8% from the December 15th total of 454,341 shares. Based on an average daily volume of 4,567 shares, the short-interest ratio is presently 238.6 days. Based on an average daily volume of 4,567 shares, the short-interest ratio is presently 238.6 days.

Japan Tobacco Price Performance

Shares of OTCMKTS JAPAF opened at $37.78 on Wednesday. The stock has a fifty day moving average price of $37.35 and a 200 day moving average price of $33.75. 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.