British American Tobacco p.l.c. (OTCMKTS:BTAFF) Sees Significant Growth in Short Interest

British American Tobacco p.l.c. (OTCMKTS:BTAFF) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 549,434 shares, an increase of 72.4% from the May 14th total of 318,620 shares. Based on an average trading volume of 3,961 shares, the short-interest ratio is currently 138.7 days.

British American Tobacco Price Performance

BTAFF stock opened at $62.75 on Monday. The stock has a 50-day moving average price of $61.09 and a 200-day moving average price of $59.59. British American Tobacco has a 1-year low of $45.50 and a 1-year high of $69.57.

About British American Tobacco

British American Tobacco plc (OTCMKTS:BTAFF) is a global consumer goods company primarily engaged in the manufacturing and sale of tobacco and nicotine products. Founded in 1902 through the merger of the Imperial Tobacco Company and the American Tobacco Company’s international operations, the firm is headquartered in London, England. Over more than a century, the company has grown into one of the world’s leading tobacco producers, known for its extensive brand portfolio and international distribution network.

The company’s core business encompasses the production and marketing of cigarettes, including signature brands such as Dunhill, Kent, Lucky Strike, Pall Mall and Rothmans.