Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Grows By 57.3%

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 454,341 shares, an increase of 57.3% from the November 30th total of 288,907 shares. Based on an average daily trading volume, of 12 shares, the short-interest ratio is currently 37,861.8 days. Based on an average daily trading volume, of 12 shares, the short-interest ratio is currently 37,861.8 days.

Japan Tobacco Stock Performance

Shares of OTCMKTS JAPAF opened at $38.75 on Monday. The stock’s 50 day moving average price is $36.42 and its 200-day moving average price is $33.15. Japan Tobacco has a twelve month low of $23.90 and a twelve month high of $39.79.

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.