British American Tobacco p.l.c. (NYSE:BTI) Short Interest Update

British American Tobacco p.l.c. (NYSE:BTI - Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 7,150,000 shares, a decrease of 36.2% from the May 15th total of 11,210,000 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 6,360,000 shares, the days-to-cover ratio is currently 1.1 days.

British American Tobacco Price Performance

BTI stock traded up $0.21 during mid-day trading on Monday, hitting $49.01. 7,484,353 shares of the stock were exchanged, compared to its average volume of 5,146,840. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.76 and a quick ratio of 0.58. The stock has a market capitalization of $101.31 billion, a price-to-earnings ratio of 10.06 and a beta of 0.31. The business has a fifty day moving average price of $43.74 and a 200 day moving average price of $40.48. British American Tobacco has a 12 month low of $30.53 and a 12 month high of $49.57.

Analyst Ratings Changes

Several equities analysts recently commented on BTI shares. Barclays restated an "overweight" rating on shares of British American Tobacco in a research report on Friday. Bank of America assumed coverage on British American Tobacco in a report on Wednesday, April 30th. They set a "buy" rating for the company. Finally, Wall Street Zen upgraded shares of British American Tobacco from a "hold" rating to a "buy" rating in a research report on Monday, February 17th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $33.00.

Institutional Trading of British American Tobacco

A number of hedge funds have recently bought and sold shares of the company. Rosenberg Matthew Hamilton lifted its holdings in shares of British American Tobacco by 87.0% in the 1st quarter. Rosenberg Matthew Hamilton now owns 602 shares of the company's stock worth $25,000 after acquiring an additional 280 shares during the last quarter. Golden State Wealth Management LLC lifted its stake in British American Tobacco by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 610 shares of the company's stock worth $25,000 after purchasing an additional 305 shares during the last quarter. SRS Capital Advisors Inc. boosted its position in British American Tobacco by 294.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 703 shares of the company's stock valued at $26,000 after buying an additional 525 shares during the period. Ameriflex Group Inc. bought a new position in shares of British American Tobacco during the fourth quarter valued at about $26,000. Finally, Financial Management Professionals Inc. lifted its stake in shares of British American Tobacco by 78.5% in the 1st quarter. Financial Management Professionals Inc. now owns 632 shares of the company's stock valued at $26,000 after acquiring an additional 278 shares during the last quarter. Institutional investors own 16.16% of the company's stock.

About British American Tobacco

British American Tobacco p.l.c. engages in the provision of tobacco and nicotine products to consumers worldwide. It also offers vapour, heated, and modern oral nicotine products; combustible cigarettes; and traditional oral products, such as snus and moist snuff. The company offers its products under the Vuse, glo, Velo, Grizzly, Kodiak, Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Camel, Natural American Spirit, Newport, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, State Express 555 and Shuang Xi brands.