British American Tobacco p.l.c. (OTCMKTS:BTAFF – Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 125,746 shares, a decrease of 40.8% from the January 15th total of 212,581 shares. Based on an average daily volume of 3,307 shares, the short-interest ratio is currently 38.0 days. Based on an average daily volume of 3,307 shares, the short-interest ratio is currently 38.0 days.
British American Tobacco Trading Down 0.3%
Shares of British American Tobacco stock opened at $60.21 on Friday. The business’s 50 day moving average price is $58.01 and its 200 day moving average price is $56.16. British American Tobacco has a one year low of $37.10 and a one year high of $65.60.
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.
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