Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Sees Significant Increase in Short Interest

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 264,800 shares, a growth of 40.9% from the August 15th total of 188,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 2,648.0 days.

Sumitomo Realty & Development Stock Performance

Shares of Sumitomo Realty & Development stock remained flat at $34.38 on Friday. Sumitomo Realty & Development has a 12 month low of $27.35 and a 12 month high of $38.11. The firm has a 50-day moving average of $32.08 and a 200 day moving average of $32.83.

Sumitomo Realty & Development Company Profile

Sumitomo Realty & Development Co, Ltd. engages in the real estate business in Japan. It develops and leases office buildings, rental apartments, etc.; develops and sells condominium units, detached houses, etc.; and develops, leases, and sells properties, as well as operates and manages hotels, event halls, retail facilities, land lots, etc.