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Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Declines By 13.7%

Defense World ·  Dec 18, 2022 16:11

Japan Tobacco Inc. (OTCMKTS:JAPAF – Get Rating) was the recipient of a large decline in short interest in November. As of November 30th, there was short interest totalling 2,150,000 shares, a decline of 13.7% from the November 15th total of 2,491,500 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is currently 2,150.0 days.

Japan Tobacco Price Performance

Shares of OTCMKTS:JAPAF opened at $21.07 on Friday. The company's 50-day moving average price is $18.63 and its two-hundred day moving average price is $17.68. Japan Tobacco has a one year low of $15.91 and a one year high of $21.56.

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About Japan Tobacco

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Japan Tobacco Inc, a tobacco company, manufactures and sells tobacco products, prescription drugs, and processed foods in Japan and internationally. The company operates through four segments: Domestic Tobacco, International Tobacco, Pharmaceutical, and Processed Food. It offers tobacco products, such as cigarettes, cigars, pipe tobacco, oral tobacco, waterpipe tobacco, kretek, and fine cut products under the Winston, Camel, MEVIUS, and LD brands.

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