Japan Tobacco Inc. (OTCMKTS:JAPAF) Short Interest Up 57.3% in December

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

Japan Tobacco Price Performance

Shares of Japan Tobacco stock remained flat at $38.75 during trading on Tuesday. Japan Tobacco has a 1-year low of $23.90 and a 1-year high of $39.79. The firm has a 50-day moving average price of $36.55 and a 200-day moving average price of $33.21.

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.