Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Grows By 25.4%

Japan Tobacco Inc. (OTCMKTS:JAPAF) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 617,610 shares, a growth of 25.4% from the January 15th total of 492,471 shares. Based on an average daily volume of 1,221 shares, the days-to-cover ratio is currently 505.8 days. Based on an average daily volume of 1,221 shares, the days-to-cover ratio is currently 505.8 days.

Japan Tobacco Stock Performance

OTCMKTS JAPAF opened at $39.75 on Wednesday. Japan Tobacco has a fifty-two week low of $23.90 and a fifty-two week high of $39.79. The stock has a 50 day simple moving average of $37.28 and a two-hundred day simple moving average of $35.08.

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.