British American Tobacco Plc Adr (NYSE:BTI) Shorts Decreased by 36.33% After Short Covering

September 17, 2017 - By Migdalia James

 British American Tobacco Plc Adr (NYSE:BTI) Shorts Decreased by 36.33% After Short Covering

The stock of British American Tobacco Plc Adr (NYSE:BTI) registered a decrease of 36.33% in short interest. BTI’s total short interest was 3.18 million shares in September as published by FINRA. Its down 36.33% from 4.99M shares, reported previously. With 3.02 million shares average volume, it will take short sellers 1 days to cover their BTI’s short positions.

The stock increased 1.59% or $1 on September 15, reaching $63.99. About 3.91 million shares traded or 19.21% up from the average. British American Tobacco PLC (ADR) (NYSE:BTI) has risen 17.78% since September 17, 2016 and is uptrending. It has outperformed by 1.08% the S&P500.

British American Tobacco p.l.c. is a tobacco and next generation products company. The company has market cap of $145.65 billion. The Company’s tobacco product range includes cigarettes, fine cut and Swedish-style snus. It has a 20.72 P/E ratio. The Company’s divisions include Asia-Pacific, Americas, Western Europe, and Eastern Europe, Middle East and Africa (EEMEA).

More notable recent British American Tobacco PLC (ADR) (NYSE:BTI) news were published by: Benzinga.com which released: “Is Reynolds Just Flirting With British American Tobacco? Takeover Rejection …” on November 15, 2016, also Benzinga.com with their article: “A Look At British American Tobacco’s Offer To Buy Reynolds American” published on October 21, 2016, Benzinga.com published: “British American’s Acquisition Of Reynolds Makes It Jefferies’ Preferred …” on January 17, 2017. More interesting news about British American Tobacco PLC (ADR) (NYSE:BTI) were released by: Seekingalpha.com and their article: “Will Japan Tobacco Bid For Imperial Brands After British American Tobacco’s …” published on November 02, 2016 as well as Marketwatch.com‘s news article titled: “British American Tobacco profit jumps on FX effect” with publication date: July 27, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: