Japan Tobacco Inc. (OTCMKTS:JAPAF) Sees Large Decline in Short Interest

Japan Tobacco Inc. (OTCMKTS:JAPAF) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 1,170,100 shares, a decline of 13.9% from the January 31st total of 1,358,700 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 5,850.5 days.

Japan Tobacco Stock Performance

JAPAF remained flat at $24.16 during trading on Thursday. The business has a 50 day moving average of $26.24 and a 200-day moving average of $27.38. Japan Tobacco has a fifty-two week low of $23.90 and a fifty-two week 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 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.