In the meantime, UBS upgraded its British American Tobacco Plc ADR [BTI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “an Underweight”. Morgan Stanley started covering the stock on November 01, 2023. It rated BTI as “an Overweight”.
Price Performance Review of BTI
On Monday, British American Tobacco Plc ADR [NYSE:BTI] saw its stock jump 0.42% to $42.55. Over the last five days, the stock has gained 2.36%. British American Tobacco Plc ADR shares have risen nearly 17.15% since the year began. Nevertheless, the stocks have risen 48.83% over the past one year. While a 52-week high of $42.74 was reached on 02/12/25, a 52-week low of $28.62 was recorded on 01/13/25. SMA at 50 days reached $40.54, while 200 days put it at $37.35.
Levels Of Support And Resistance For BTI Stock
The 24-hour chart illustrates a support level at 42.17, which if violated will result in even more drops to 41.79. On the upside, there is a resistance level at 42.82. A further resistance level may holdings at 43.10. The Relative Strength Index (RSI) on the 14-day chart is 61.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.47%. Stochastics %K at 96.23% indicates the stock is a selling.
How much short interest is there in British American Tobacco Plc ADR?
A steep rise in short interest was recorded in British American Tobacco Plc ADR stocks on 2025-03-31, growing by 4.88 million shares to a total of 12.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.58 million shares. There was a rise of 39.19%, which implies that there is a positive sentiment for the stock.
