Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAF) Drops By 23.1%

18.2% from the March 30th total of 1,268,100 shares. Based on an average daily volume of 769,000 shares, the short-interest ratio is currently 1.3 days. This is the first time that Japan Tobacco has experienced a drop in short interest since October of 2016. Short interest in Japan Tobacco Inc.

( ) was the subject of a significant drop in short interest during the month of April. On April 30, there were 1,037.200 shares of short interest, which is a decrease of 23.1% compared to the total of 1,348,400 on April 15. The days-to-cover is currently 414.9 days based on a daily average of 2,500 shares.

Japan Tobacco Stock Performance

The price of the company's shares remained unchanged at $21.87 in mid-day trading Monday. The company's average trading volume is 1,326 shares, but 1,400 were traded. The company's 50-day moving average is $21.04 while its 200-day moving average is $20.33. Get Rating

Japan Tobacco, Inc is engaged in the manufacturing and selling of tobacco, pharmaceutical, and processed food products. The company operates in four divisions: Japanese Domestic Tobacco (JDT), International Tobacco (ITT), Pharmaceuticals, and Processed Food. The Japanese Domestic segment is responsible for the manufacture and sale of tobacco in Japan. offers a FREE daily email newsletter