British American Tobacco p.l.c. (OTCMKTS:BTAFF – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 960,795 shares, a growth of 50.7% from the July 30th total of 637,635 shares. Based on an average trading volume of 3,294 shares, the days-to-cover ratio is presently 291.7 days.
British American Tobacco Trading Up 1.1%
Shares of OTCMKTS BTAFF opened at $55.70 on Tuesday. British American Tobacco has a fifty-two week low of $49.75 and a fifty-two week high of $69.57. The stock has a fifty day moving average of $59.71 and a 200-day moving average of $60.31.
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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