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

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 771,700 shares, an increase of 89.7% from the August 31st total of 406,800 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 7,717.0 days.

Japan Tobacco Price Performance

Shares of OTCMKTS:JAPAF traded down $1.49 during trading hours on Friday, hitting $28.76. The stock had a trading volume of 12 shares, compared to its average volume of 1,046. The stock’s fifty day simple moving average is $28.11 and its 200 day simple moving average is $27.62. Japan Tobacco has a 1-year low of $22.11 and a 1-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.