Japan Tobacco Inc. (OTCMKTS:JAPAY) Sees Large Drop in Short Interest

Japan Tobacco Inc. (OTCMKTS:JAPAY) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 700 shares, a decline of 99.1% from the February 13th total of 81,400 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 732,600 shares, the short-interest ratio is presently 0.0 days.

Japan Tobacco Stock Performance

Shares of JAPAY traded up $0.05 on Wednesday, reaching $12.99. 34,394 shares of the company’s stock traded hands, compared to its average volume of 192,183. The stock’s 50 day simple moving average is $12.62 and its two-hundred day simple moving average is $13.48. The company has a current ratio of 1.89, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22. Japan Tobacco has a 52-week low of $11.91 and a 52-week high of $14.99. The stock has a market cap of $46.13 billion, a PE ratio of 14.93 and a beta of 0.44.

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

About Japan Tobacco

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.