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

Japan Tobacco Inc. (OTCMKTS:JAPAF) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 1,010,000 shares, a decline of 13.7% from the February 13th total of 1,170,100 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 3,366.7 days.

Japan Tobacco Stock Performance

OTCMKTS:JAPAF remained flat at $26.30 during trading hours on Wednesday. The stock’s 50 day moving average is $25.71 and its 200 day moving average is $27.25. 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.