Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Expands By 64.6%

Japan Tobacco Inc. (OTCMKTS:JAPAFGet Free Report) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 1,183,700 shares, an increase of 64.6% from the April 15th total of 719,300 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 2,367.4 days.

Japan Tobacco Stock Performance

Japan Tobacco stock opened at $27.48 on Tuesday. The firm’s fifty day moving average is $26.39 and its 200 day moving average is $25.51. Japan Tobacco has a 12-month low of $20.80 and a 12-month high of $28.07.

About Japan Tobacco

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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.

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