Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) Short Interest Update

Sumitomo Realty & Development Co., Ltd. (OTCMKTS:SURDF) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totalling 211,000 shares, a drop of 56.4% from the May 31st total of 483,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 2,110.0 days.

Sumitomo Realty & Development Stock Performance

Sumitomo Realty & Development stock remained flat at $31.95 during mid-day trading on Friday. The stock has a fifty day simple moving average of $33.40 and a two-hundred day simple moving average of $32.35. Sumitomo Realty & Development has a 1-year low of $24.20 and a 1-year high of $38.11.

About Sumitomo Realty & Development

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.