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

Japan Tobacco Inc. (OTCMKTS:JAPAF) saw a significant drop in short interest during the month of August. As of August 15th, there was short interest totaling 379,800 shares, adropof39.6% from the July 31st total of 629,300 shares. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 135.6 days. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 135.6 days.

Japan Tobacco Trading Up 0.7%

Shares of OTCMKTS:JAPAF traded up $0.23 during trading hours on Monday, hitting $31.00. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 2,490. The firm’s fifty day moving average price is $30.73 and its 200 day moving average price is $29.63. Japan Tobacco has a 52 week low of $23.90 and a 52 week high of $34.15.

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.