Japan Tobacco Inc. (OTCMKTS:JAPAF) Short Interest Down 54.8% in January

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 492,471 shares, a decline of 54.8% from the December 31st total of 1,089,482 shares. Based on an average trading volume of 19 shares, the short-interest ratio is presently 25,919.5 days. Based on an average trading volume of 19 shares, the short-interest ratio is presently 25,919.5 days.

Japan Tobacco Price Performance

Shares of JAPAF traded up $0.23 during mid-day trading on Thursday, hitting $38.00. 5,030 shares of the company’s stock were exchanged, compared to its average volume of 922. Japan Tobacco has a 52 week low of $23.90 and a 52 week high of $39.79. The company has a 50-day simple moving average of $37.37 and a 200 day simple moving average of $34.22.

About Japan Tobacco

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.