Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Drops By 13.7%

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the recipient of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 1,010,000 shares, a drop of 13.7% from the February 13th total of 1,170,100 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 3,366.7 days.

Japan Tobacco Stock Performance

Shares of Japan Tobacco stock remained flat at $26.30 on Wednesday. Japan Tobacco has a 12 month low of $23.90 and a 12 month high of $30.25. The stock’s 50-day moving average is $25.71 and its 200-day moving average is $27.25.

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 Business, and Processed Food Business. 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.