Short Interest in British American Tobacco PLC Decreases By 16.2% (BTI)
Shares of British American Tobacco PLC (NYSE:BTI) were the recipient of a significant decline in short interest in May. As of May 15th, there was short interest totalling 339,694 shares, a decline of 16.2% from the April 30th total of 405,291 shares, Analyst Ratings Net reports. Based on an average daily trading volume, of 228,146 shares, the short-interest ratio is presently 1.5 days. Approximately 0.0% of the shares of the company are short sold.
A number of research firms have recently commented on BTI. Analysts at RBC Capital reiterated an “underperform” rating on shares of British American Tobacco PLC in a research note on Tuesday. Separately, analysts at Barclays reiterated an “overweight” rating on shares of British American Tobacco PLC in a research note on Tuesday. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of British American Tobacco PLC in a research note on Thursday, May 22nd. Two analysts have rated the stock with a sell rating, three have given a hold rating and ten have issued a buy rating to the company. The stock presently has an average rating of “Buy”.
Shares of British American Tobacco PLC (NYSE:BTI) opened at 118.16 on Thursday. British American Tobacco PLC has a 52 week low of $94.19 and a 52 week high of $121.88. The stock has a 50-day moving average of $116.2 and a 200-day moving average of $107.. The company has a market cap of $111.5 billion and a P/E ratio of 17.25.
British American Tobacco p.l.c. (NYSE:BTI) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.