Short Interest in Japan Tobacco Inc. (OTCMKTS:JAPAY) Grows By 812.7%

Japan Tobacco Inc. (OTCMKTS:JAPAY - Get Free Report) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 143,300 shares, a growth of 812.7% from the March 31st total of 15,700 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 189,300 shares, the short-interest ratio is presently 0.8 days.

Japan Tobacco Trading Down 0.7 %

OTCMKTS:JAPAY traded down $0.11 during trading hours on Thursday, reaching $15.27. 160,012 shares of the stock were exchanged, compared to its average volume of 138,320. The company has a quick ratio of 1.34, a current ratio of 1.89 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average of $13.77 and a two-hundred day moving average of $13.41. Japan Tobacco has a twelve month low of $11.91 and a twelve month high of $15.58. The company has a market capitalization of $54.23 billion, a price-to-earnings ratio of 17.55 and a beta of 0.36.

Japan Tobacco (OTCMKTS:JAPAY - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.04 EPS for the quarter. Japan Tobacco had a return on equity of 11.11% and a net margin of 14.74%. The company had revenue of $4.97 billion for the quarter.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded Japan Tobacco from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 24th.

Japan Tobacco Company Profile

Japan Tobacco Inc, a tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally. The company operates through three segments: Tobacco Business, Pharmaceutical, and Processed Food. It offers tobacco products, such as cigarettes, heat-not-burn tobacco products, E-vapor products, fine cut tobacco products, cigars, pipes, smokeless tobacco products, and hookah and kretek products.