Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) Sees Significant Drop in Short Interest

Sumitomo Mitsui Trust Holdings, Inc. (OTCMKTS:SUTNY) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 69,700 shares, a decrease of 52.1% from the February 13th total of 145,600 shares. Based on an average daily volume of 129,400 shares, the days-to-cover ratio is currently 0.5 days.

Sumitomo Mitsui Trust Trading Up 1.2 %

Shares of OTCMKTS SUTNY traded up $0.06 during mid-day trading on Friday, reaching $5.22. 51,654 shares of the company were exchanged, compared to its average volume of 82,845. Sumitomo Mitsui Trust has a 1 year low of $3.95 and a 1 year high of $5.39. The firm has a 50-day moving average of $5.03 and a 200 day moving average of $4.86.

Sumitomo Mitsui Trust Company Profile

Sumitomo Mitsui Trust Holdings, Inc operates as a trust bank in Japan and internationally. It offers supervising services for management strategies, and financial and human resource management; and general affairs, business process, corporate administration, operational process, risk, and compliance management services; and internal auditing services.