Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Declines By 72.9%

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 301,700 shares, a drop of 72.9% from the June 30th total of 1,113,800 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 1,005.7 days.

Japan Tobacco Stock Performance

Shares of JAPAF remained flat at $27.10 during trading hours on Thursday. The business has a 50-day moving average price of $28.11 and a 200 day moving average price of $26.89. Japan Tobacco has a 1 year low of $20.80 and a 1 year high of $29.78.

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.