Japan Tobacco Inc. (OTCMKTS:JAPAF) Short Interest Up 91.1% in June

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,797,434 shares, a growth of 91.1% from the June 15th total of 940,604 shares. Based on an average trading volume of 1,907 shares, the days-to-cover ratio is currently 942.5 days.

Japan Tobacco Stock Up 9.3%

OTCMKTS JAPAF traded up $3.29 during trading hours on Friday, hitting $38.65. 300 shares of the company’s stock traded hands, compared to its average volume of 2,724. Japan Tobacco has a 52-week low of $26.96 and a 52-week high of $42.26. The firm’s 50-day moving average is $38.58 and its 200-day moving average is $37.72.

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.