Japan Tob (OTCMKTS:JAPAY) Short Interest Update

Japan Tob (OTCMKTS:JAPAY) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 513,772 shares, a growth of 1,526.3% from the December 31st total of 31,592 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 152,321 shares, the short-interest ratio is currently 3.4 days. Based on an average daily volume of 152,321 shares, the short-interest ratio is currently 3.4 days. Approximately 0.0% of the shares of the company are sold short.

Japan Tob Stock Down 1.2%

Japan Tob stock opened at $18.00 on Thursday. The company has a 50-day simple moving average of $18.41 and a 200-day simple moving average of $16.95. Japan Tob has a one year low of $11.91 and a one year high of $19.51. The firm has a market capitalization of $63.92 billion, a P/E ratio of 19.78 and a beta of 0.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.36 and a current ratio of 1.95.

Analyst Ratings Changes

Several brokerages have issued reports on JAPAY. Barclays reaffirmed an “underweight” rating and issued a $17.00 price target on shares of Japan Tob in a report on Tuesday, November 25th. Zacks Research raised shares of Japan Tob from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $17.00.

Japan Tob Company Profile

Japan Tobacco Inc (OTC: JAPAY) is a Tokyo-based multinational company primarily engaged in the manufacture and sale of tobacco products. The company’s core activities include the development, production and distribution of cigarettes and other nicotine-delivery products for domestic and international markets. Japan Tobacco also pursues business activities beyond tobacco, including pharmaceutical and processed‑food operations through subsidiary units and strategic investments.

In its tobacco operations the company serves both the Japanese market and a broad international footprint through its global operating arm, Japan Tobacco International (JTI).