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

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 395,600 shares, a growth of 112.8% from the October 31st total of 185,900 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 1,978.0 days.

Sumitomo Realty & Development Stock Performance

Shares of Sumitomo Realty & Development stock remained flat at $29.25 on Friday. 29 shares of the stock traded hands, compared to its average volume of 835. Sumitomo Realty & Development has a 1 year low of $27.35 and a 1 year high of $38.11. The firm has a 50 day moving average of $31.80 and a 200-day moving average of $32.22.

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.