Japan Tobacco Inc. (OTCMKTS:JAPAF) Sees Significant Decline in Short Interest

Japan Tobacco Inc. (OTCMKTS:JAPAF) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 484,500 shares, a decline of 37.2% from the September 15th total of 771,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4,845.0 days.

Japan Tobacco Price Performance

Japan Tobacco stock remained flat at $27.67 during midday trading on Monday. The stock has a 50 day moving average price of $28.08 and a 200-day moving average price of $27.76. Japan Tobacco has a one year low of $22.11 and a one year high of $30.25.

About Japan Tobacco

Japan Tobacco Inc, a tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally. The company operates through three segments: Tobacco Business, Pharmaceutical, and Processed Food. It offers tobacco products, such as cigarettes, heat-not-burn tobacco products, E-vapor products, fine cut tobacco products, cigars, pipes, smokeless tobacco products, and hookah and kretek products.