British American Tobacco's Short-Term Profits Experience Significant Growth

BAT by 2FIRSTS.ai

Jan.12.2024

British American Tobacco's Short-Term Profits Experience Significant Growth

British American Tobacco reported a significant increase in short-term profits in December, with a total of 245,600 shares, up 390.2% from 50,100 shares on December 15th.

According to a report by Watchlistnews on December 31st, British American Tobacco p.l.c. saw a significant increase in short-term gains in the month of December. By the end of the year, the company's short-term investments totaled 245,600 shares, registering a growth rate of 390.2%, far surpassing the 50,100 shares recorded on December 15th.

BAT traded quietly on January 11, ending the day at $29.60 per share, down $1.01 from its previous closing price. Trading volume was low, with only 3,155 shares traded compared to the average volume of 20,863 shares. The stock has a 50-day moving average price of $30.38 and a 200-day moving average price of $31.70. Over the past 12 months, British American Tobacco's stock price has ranged from a low of $28.12 to a high of $39.64.

References:

[1] British American Tobacco p.l.c. (OTCMKTS:BTAFF) Short Interest Up 390.2% in December

Also Read:

[1] BAT to Launch New Glo Series Heating Device

[2] BAT Stock Drops 1.2% Ending Six-Day Rally

[3] ITMS Group: Former BAT Subsidiary Renamed in Russia

#Europe #Traditional tobacco #United Kingdom #Market

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